Michael S. Jeffers & Debbie L. Jeffers v. Commissioner

PURSUANT TO INTERNAL REVENUE CODE SECTION 7463(b),THIS OPINION MAY NOT BE TREATED AS PRECEDENT FOR ANY OTHER CASE.

T.C. Summary Opinion 2014-77

UNITED STATES TAX COURT MICHAEL S. JEFFERS AND DEBBIE L. JEFFERS, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 1234-12S. Filed August 13, 2014. Michelle L. Drumbl and George Robertson (student), for petitioners. Timothy B. Heavner and Matthew S. Reddington, for respondent. SUMMARY OPINION GOEKE, Judge: This case was heard pursuant to the provisions of section 74631 of the Internal Revenue Code in effect when the petition was…