Fisher v. Commissioner

PAUL FISHER AND MELINDA FISHER, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Fisher v. Commissioner

Docket No. 39308-85.

United States Tax Court

T.C. Memo 1988-151; 1988 Tax Ct. Memo LEXIS 179; 55 T.C.M. (CCH) 585; T.C.M. (RIA) 88151;

April 12, 1988.

Towner Leeper, for the petitioners.

Byron Calderon, for the respondent.

SHIELDS

MEMORANDUM FINDINGS OF FACT AND OPINION

SHIELDS, Judge: Respondent determined deficiencies in and additions to petitioners' income taxes as follows:

Addition to Tax

Year

Deficiency

Section 6653(b) 1

1976

$ 27,822

$ 13,911

1977

$ 43,453

$ 21,727

The issues for decision are:…