Marason v. Commissioner
United States Tax Court
On the facts, Held: respondent's application of bank deposits method to determine petitioner's gross income in the absence of books and records approved, with one modification; held, further, miscellaneous deductions redetermined; held, further, petitioner liable for additions to tax under sec. 6651(a)(1), I.R.C., for 1988, 1989, and 1990; the addition to tax under sec. 6653(a)(1), I.R.C., for 1988; and the accuracy-related penalty under sec. 6662(a), I.R.C., for 1989 and…
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On the facts, Held: respondent's application of bank deposits method to determine petitioner's gross income in the absence of books and records approved, with one modification; held, further, miscellaneous deductions redetermined; held, further, petitioner liable for additions to tax under sec. 6651(a)(1), I.R.C., for 1988, 1989, and 1990; the addition to tax under sec. 6653(a)(1), I.R.C., for 1988; and the accuracy-related penalty under sec. 6662(a), I.R.C., for 1989 and 1990.
1Opinion of the Court
KEITH F. MARASON, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Marason v. Commissioner
Docket No. 23471-93.
United States Tax Court
T.C. Memo 1996-7; 1996 Tax Ct. Memo LEXIS 7; 71 T.C.M. (CCH) 1690;
January 16, 1996, Filed
Decision will be entered under Rule 155.
On the facts, Held: respondent's application of bank deposits method to determine petitioner's gross income in the absence of books and records approved, with one modification; held, further, miscellaneous deductions redetermined; held, further, petitioner liable for additions to tax under sec. 6651(a)(1), I.R.C., for 1988,…
2Cases cited4 opinions
- Bixby v. CommissionerUnited States Tax Court · 1972
- Joseph R. Dileo, Mary A. Dileo, Walter E. Mycek, Jr., Michele A. Mycek and Arcelo Reproduction Company, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1992
- Walker v. CommissionerUnited States Tax Court · 1993
- Grzegorzewski v. CommissionerUnited States Tax Court · 1995