Licari v. Commissioner

ANTHONY C. LICARI and MILDRED M. LICARI, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Licari v. Commissioner

Docket No. 26956-86

United States Tax Court

T.C. Memo 1990-4; 1990 Tax Ct. Memo LEXIS 4; 58 T.C.M. (CCH) 1119; T.C.M. (RIA) 90004;

January 3, 1990

John W. Sunnen, for the petitioners.

Margaret K. Hebert, for the respondent.

SWIFT

MEMORANDUM FINDINGS OF FACT AND OPINION

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

Additions to Tax, I.R.C. Secs. 1

Year

Deficiency

6653(b)

6653(b)(1)

6653(b)(2)

6661

1981

$ 130,188

$ 65,094