Goulding v. Commissioner

RANDALL S. GOULDING AND ROBYN L. GOULDING, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Goulding v. Commissioner

Docket No. 18230-84.

United States Tax Court

T.C. Memo 1988-212; 1988 Tax Ct. Memo LEXIS 242; 55 T.C.M. (CCH) 846; T.C.M. (RIA) 88212;

May 12, 1988.

Randall S. Goulding, for the petitioners.

Andrew P. Fradkin and John P. Jankowski, for the respondent.

FAY

MEMORANDUM FINDINGS OF FACT AND OPINION

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

YEAR

DEFICIENCY

SEC. 6653(a) 1 ADDITION TO TAX

1979

$ 45,148

$ 2,258

1980

31,405

1,570

A…