Carr v. Commissioner

CHARLES V. CARR and HORTENSE CARR, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Carr v. Commissioner

Docket No. 5681-75.

United States Tax Court

T.C. Memo 1978-408; 1978 Tax Ct. Memo LEXIS 109; 37 T.C.M. (CCH) 1695; T.C.M. (RIA) 78408;

October 11, 1978, Filed

James W. Head and John Kennedy Lynch, for the petitioners.

Larry L. Nameroff, for the respondent.

TANNENWALD

MEMORANDUM FINDINGS OF FACT AND OPINION

TANNENWALD, Judge: Respondent determined the following deficiencies in income tax and additions to tax:

Addition to Tax

Year

Deficiency

Section 6653(b) 1

1967

$ 53,838.52

$ 26,919.26

1968

43,007.…