GEORGE v. COMMISSIONER

Docket No. 1952-75.

38 T.C.M. 591 (1979)

T.C. Memo. 1979-131

Edmond M. George and Joan George v. Commissioner.

United States Tax Court.

Filed April 5, 1979.


Attorney(s) appearing for the Case

Clifford J. Ross, 71 Middle St., Manchester, N.H., for the petitioners. W. Terrence Mooney and Willard J. Frank, for the respondent.


Memorandum Findings of Fact and Opinion

STERRETT, Judge:

Respondent, on December 13, 1974, issued a statutory notice in which he determined a deficiency in petitioners' Federal income tax for their taxable year ended December 31, 1970 in the amount of $19,836.46 and an addition to tax under section 6653(b), I.R.C. 1954 for fraud in the amount of $9,918.23. Respondent has conceded that the addition to tax was unwarranted. The following issues remain for our...

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