Carter v. Comm'r

WAYNE A. CARTER, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Carter v. Comm'r

Docket No. 17070-08

United States Tax Court

T.C. Memo 2010-111; 2010 Tax Ct. Memo LEXIS 146; 99 T.C.M. (CCH) 1455;

May 18, 2010, Filed

Decision will be entered for respondent.

William R. Leighton and Leonard L. Leighton, for petitioner.

Jeffrey D. Heiderscheit, for respondent.

COHEN, Judge.

COHEN

MEMORANDUM FINDINGS OF FACT AND OPINION

COHEN, Judge: Respondent determined a deficiency of $ 72,794 in petitioner's Federal income tax for 2005 and a penalty of $ 14,559 under section 6662(a). The deficiency resulted…