ESTATE OF GLADYS J. COOK v. COMMISSIONER

ESTATE OF GLADYS J. COOK, DECEASED, VERNA LEE STEELE, EXECUTRIX, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

ESTATE OF GLADYS J. COOK v. COMMISSIONER

No. 15284-99

United States Tax Court

T.C. Memo 2001-170; 2001 Tax Ct. Memo LEXIS 202; 82 T.C.M. (CCH) 154;

July 9, 2001., Filed

Decision will be entered under Rule 155.

John W. Porter, Walker Arenson, and S. Stacy Eastland, for

petitioner.

Lillian D. Brigman and Richard T. Cummings, for respondent.

Gerber, Joel

GERBER

MEMORANDUM OPINION

GERBER, JUDGE: Respondent determined a deficiency of $ 873,544 and a penalty under section 66621 of $…