Geddis v. Comm'r

PETER R. GEDDIS, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Geddis v. Comm'r

No. 9626-04

United States Tax Court

T.C. Memo 2005-191; 2005 Tax Ct. Memo LEXIS 191; 90 T.C.M. (CCH) 133;

August 4, 2005, Filed

Michael D. Handlos, for petitioner.

Jeremy L. McPherson, for respondent.

Swift, Stephen J.

STEPHEN J. SWIFT

MEMORANDUM FINDINGS OF FACT AND OPINION

SWIFT, Judge: Respondent determined a deficiency in petitioner's 2001 Federal income tax and an addition to tax as follows:

Addition to Tax

Deficiency

Under Sec. 6651(a)(1)*

$218,289

$30,739

* Respondent's notice of deficiency also determined

additi…