Foster v. Comm'r

TIMOTHY P. FOSTER, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Foster v. Comm'r

No. 24411-07

United States Tax Court

T.C. Memo 2009-274; 2009 Tax Ct. Memo LEXIS 277; 98 T.C.M. (CCH) 520;

November 25, 2009, Filed

Timothy P. Foster, Pro se.

John W. Strate, for respondent.

Haines, Harry A.

HARRY A. HAINES

MEMORANDUM FINDINGS OF FACT AND OPINION

HAINES, Judge: Respondent determined a deficiency of $ 265,665 and a section 6662(a) penalty of $ 53,133 with respect to petitioner's Federal income tax for 2005. 1 The issues for decision are: (1) Whether petitioner is entitled to business expense…