Verticelli v. Commissioner

FILIBERTO H. VERTICELLI, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Verticelli v. Commissioner

Docket No. 20606-89

United States Tax Court

T.C. Memo 1991-345; 1991 Tax Ct. Memo LEXIS 397; 62 T.C.M. (CCH) 251; T.C.M. (RIA) 91345;

July 29, 1991, Filed

Decision will be entered under Rule 155.

Terence K. Heaney, for the petitioner.

David A. Breen, for the respondent.

TANNENWALD, Judge.

TANNENWALD

MEMORANDUM OPINION

Respondent determined a deficiency of $ 34,197 in petitioner's Federal income tax for the year 1983. After concessions, the sole issue for decision is whether, and to what extent,…