De Vaughn v. Commissioner
United States Tax Court
Petitioners failed to report on their Federal income tax returns income received from unlawful activities. Held, petitioners failed to report $168,643.11 and $177,112.38 taxable income for the years 1971 and 1972, respectively. Held further, both petitioners are liable for the additions to tax for fraud under sec. 6653(b), I.R.C. 1954.
1Opinion of the Court
JOHN A. DEVAUGHN AND CAROLYN M. DEVAUGHN, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
De Vaughn v. Commissioner
Docket No. 10844-75.
United States Tax Court
T.C. Memo 1983-712; 1983 Tax Ct. Memo LEXIS 84; 47 T.C.M. (CCH) 461; T.C.M. (RIA) 83712;
November 29, 1983.
Petitioners failed to report on their Federal income tax returns income received from unlawful activities. Held, petitioners failed to report $168,643.11 and $177,112.38 taxable income for the years 1971 and 1972, respectively. Held further, both petitioners are liable for the additions to tax for fraud under sec. 6653(b),…
2Cases cited21 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- Lucas v. EarlSupreme Court of the United States · 1930
- Stone v. CommissionerUnited States Tax Court · 1971
- Otsuki v. CommissionerUnited States Tax Court · 1969
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