Craig P. Mowry & Cricket U. Mowry v. Commissioner

T.C. Memo. 2018-105

UNITED STATES TAX COURT CRAIG P. MOWRY AND CRICKET U. MOWRY, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 21407-16. Filed July 5, 2018. Doug S. Chiapuzio, for petitioners. Amy B. Ulmer, for respondent. MEMORANDUM FINDINGS OF FACT AND OPINION COHEN, Judge: Respondent determined deficiencies, additions to tax, and penalties due from petitioners as follows: Addition to tax Penalty Year Deficiency sec. 6651(a)(1) sec. 6662(a) 2011 $11,841 $1,254 $2,368.20 2012 89,158 --- 17,831.60 -2- [*2] Before the filing of the petition respondent issued a supplement…