Elbaz v. Comm'r

YIGAL ELBAZ AND BONNIE ELBAZ, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Elbaz v. Comm'r

Docket No. 24093-12

United States Tax Court

T.C. Memo 2015-49; 2015 Tax Ct. Memo LEXIS 66; 109 T.C.M. (CCH) 1229;

March 17, 2015, Filed

Decision will be entered for respondent.

Zack Kuperwaser, for petitioners.

Diana P. Hinton, for respondent.

COLVIN, Judge.

COLVIN

MEMORANDUM FINDINGS OF FACT AND OPINION

COLVIN, Judge: Respondent determined the following deficiencies and accuracy-related penalties with respect to petitioners' Federal income tax for taxable years 2007 and 2008:

Penalty

Year

Deficiency

sec.…