Baldwin v. Commissioner

JERRY C. BALDWIN and PATRICIA A. BALDWIN, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Baldwin v. Commissioner

Docket No. 315-91

United States Tax Court

T.C. Memo 1993-433; 1993 Tax Ct. Memo LEXIS 444; 66 T.C.M. (CCH) 769;

September 16, 1993, Filed

Decision will be entered for petitioners.

For petitioner: Neil Deininger.

For respondent: Kirk S. Chaberski.

PARKER

PARKER

MEMORANDUM FINDINGS OF FACT AND OPINION

PARKER, Judge: Respondent determined a deficiency in petitioners' Federal income tax for the year 1985 in the amount of $ 48,407.89.

Unless otherwise indicated, all section references…