Kravetz v. Commissioner

SYDNEY C. KRAVETZ, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Kravetz v. Commissioner

Docket No. 703-84.

United States Tax Court

T.C. Memo 1985-496; 1985 Tax Ct. Memo LEXIS 135; 50 T.C.M. (CCH) 1122; T.C.M. (RIA) 85496;

September 23, 1985.

Stanley Schoenbaum, for the petitioner.

Patricia Y. Taylor and Marty J. Raisanen, for the respondent.

FEATHERSTON

MEMORANDUM OPINION

FEATHERSTON, Judge: Respondent determined deficiencies in the amounts of $24,921 and $21,848 in petitioner's Federal income taxes for 1980 and 1981, respectively. After concessions, the only issue for decision is whether…