Gerardo v. Commissioner

ANDREW GERARDO, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Gerardo v. Commissioner

Docket No. 7035-72.

United States Tax Court

T.C. Memo 1975-341; 1975 Tax Ct. Memo LEXIS 33; 34 T.C.M. (CCH) 1480; T.C.M. (RIA) 750341;

November 13, 1975, Filed

Edwin Fradkin and Harvey R. Zeller, for the petitioner.

Robert N. Ginsburg, for the respondent.

FAY

MEMORANDUM FINDINGS OF FACT AND OPINION

FAY, Judge: Respondent determined deficiencies in the Federal income tax of petitioner and additions to tax as follows:

Addition to Tax

Year

Deficiency

Sec. 6653 (b) 1

1966

$807,386.80

$403,693.40

1967

91,862.83

45,931.41