Anthony Meggs & Beth Meggs v. Commissioner

T.C. Memo. 2019-5

UNITED STATES TAX COURT ANTHONY MEGGS AND BETH MEGGS, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 14604-12. Filed February 4, 2019. Christopher J. Rajotte, Joseph A. DiRuzzo III, Jeffrey J. Molinaro, and Jennifer Correa Rierra, for petitioners. Derek P. Richman and Daniel C. Munce, for respondent. MEMORANDUM FINDINGS OF FACT AND OPINION PUGH, Judge: In a notice of deficiency dated March 13, 2012, respondent determined the following deficiencies and penalties:1 1 Unless otherwise indicated, all section references are to the Internal (continued...)…