Farrow v. Commissioner

G. N. FARROW AND LOUISE W. FARROW, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Farrow v. Commissioner

Docket No. 11788-80.

United States Tax Court

T.C. Memo 1985-518; 1985 Tax Ct. Memo LEXIS 119; 50 T.C.M. (CCH) 1235; T.C.M. (RIA) 85518;

September 30, 1985.

C. Garold Sims and Rick Budd, for the petitioners.

Mark H. Howard, for the respondent.

SWIFT

MEMORANDUM FINDINGS OF FACT AND OPINION

SWIFT, Judge: By statutory notice of deficiency dated April 14, 1980, respondent determined deficiencies in petitioners' Federal income tax liabilities and additions to tax as follows:

Additions to Tax

Yea…