Lease v. Commissioner

RICHARD W. LEASE AND GOLDIE E. LEASE, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Lease v. Commissioner

Docket No. 7895-91

United States Tax Court

T.C. Memo 1993-493; 1993 Tax Ct. Memo LEXIS 501; 66 T.C.M. (CCH) 1121;

October 26, 1993, Filed

Decision will be entered for respondent.

Richard W. Lease and Goldie E. Lease, pro sese.

For respondent: Trevor T. Wetherington.

BEGHE

BEGHE

MEMORANDUM FINDINGS OF FACT AND OPINION

BEGHE, Judge: Respondent determined deficiencies in petitioners' 1985 and 1986 Federal income taxes of $ 48,487.65 and $ 17,317.67, respectively. Petitioners, on their 1985…