LANE v. COMMISSIONER

Docket Nos. 4157-67, 4158-67.

28 T.C.M. 890 (1969)

T.C. Memo. 1969-178

Katherine R. Lane v. Commissioner. Edward V. Lane and Gail M. Lane v. Commissioner.

United States Tax Court.

Filed August 28, 1969.


Attorney(s) appearing for the Case

George E. Link, One Eleven Sutter St., San Francisco, Calif. and Peter Anderson, 19th Floor, 111 Sutter St., San Francisco, Calif., for the petitioners. Eugene H. Ciranni, for the respondent.


Memorandum Findings of Fact and Opinion

DRENNEN, Judge:

Respondent determined deficiencies in petitioners' income taxes for the years 1961, 1962, and 1963 as follows:

  Docket
  No.            Petitioner          Year     Deficiency

  4157-67    Katherine R. Lane ..    1961    $106,153.47
                                     1962      26,482.86
                                     1963       5,573.13
  4158-67    Edward V. Lane and
 ...

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