Cannon v. Commissioner

RICHARD D. AND MARY E. CANNON, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Cannon v. Commissioner

Docket No. 35354-87

United States Tax Court

T.C. Memo 1990-410; 1990 Tax Ct. Memo LEXIS 421; 60 T.C.M. (CCH) 391; T.C.M. (RIA) 90410;

August 2, 1990, Filed

Decision will be entered for the respondent.

Jay J. Freireich, for the petitioners.

Jane B. Wilson, for the respondent.

WELLS, Judge.

WELLS

MEMORANDUM FINDINGS OF FACT AND OPINION

Respondent determined the following deficiencies in petitioners' Federal income tax:

Taxable Year Ended

Deficiency

December 31, 1975

$ 3,792

December 31, 1976

2,884

The…