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VESCO v. COMMISSIONER

Docket No. 8873-73.

39 T.C.M. 144 (1979)

T.C. Memo. 1979-374

Patricia J. Vesco v. Commissioner.

United States Tax Court.

Filed September 13, 1979.

Attorney(s) appearing for the Case

Myles J. Sachs, Robert D. Foglia, Harold Unger and Joseph A. Foglia, for the petitioner. Agatha L. Vorsanger, William J. Salica, Bernard S. Mark and Joseph T. Chalhoub, for the respondent.

Memorandum Findings of Fact and Opinion

SCOTT, Judge:

Respondent determined a deficiency in petitioner's Federal income tax for the calendar year 1971 in the amount of $775,310 and an addition to tax under section 6653(a), I.R.C. 1954,1 in the amount of $38,765.50.

Since the parties have stipulated that petitioner will be bound as to the amount of her tax liability in this case by the determination of the Court in the...

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