HILL v. COMMISSIONER

Docket No. 1560-71.

35 T.C.M. 617 (1976)

T.C. Memo. 1976-139

Morris R. and Pansy R. Hill v. Commissioner.

United States Tax Court.

Filed May 3, 1976.


Attorney(s) appearing for the Case

Jack W. Hawkins, 1700 Republic Nat'l Bldg., Dallas, Tex., for the petitioners. Frank C. Hider, Jr., for the respondent.


Memorandum Findings of Fact and Opinion

FEATHERSTON, Judge:

Respondent determined deficiencies in petitioners' Federal income taxes and additions to tax under section 6653(a)1 as follows:

                              Addition
  Year          Deficiency     to Tax

  1965 ........ $127,091.32   $6,354.57
  1966 ........ $ 38,046.77   $1,902.34

Concessions having been made by the parties, the following...

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