Blackwood v. Comm'r

M. BLACKWOOD AND J. WEIKLE BLACKWOOD, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Blackwood v. Comm'r

Docket No. 23530-10

United States Tax Court

T.C. Memo 2012-190; 2012 Tax Ct. Memo LEXIS 191; 104 T.C.M. (CCH) 27;

July 11, 2012, Filed

Decision will be entered under Rule 155.

Michael D. Weikle, for petitioners.

Diana N. Wells, for respondent.

RUWE, Judge.

RUWE

MEMORANDUM FINDINGS OF FACT AND OPINION

RUWE, Judge: Respondent determined a $34,970 deficiency in petitioners' 2008 Federal income tax and a $6,994 accuracy-related penalty under section 6662(a). 1 After concessions by the…