SABA v. COMMISSIONER

Docket Nos. 7592-78, 8036-78, 8037-78, 8038-78, 8039-78.

40 T.C.M. 446 (1980)

T.C. Memo. 1980-199

William A. Saba and Teresa Z. Saba, et al. v. Commissioner.

United States Tax Court.

Filed June 11, 1980.


Attorney(s) appearing for the Case

James O. Fergeson, Jr., United First Federal Bldg., 1390 Main St., Sarasota, Fla. for the petitioners. Lewis J. Hubbard, Jr., for the respondent.


Memorandum Findings of Fact and Opinion

SCOTT, Judge:

Respondent determined the following deficiencies in petitioners' income taxes for calendar years 1974 and 1975:

------------------------------------------------------------------------------------
                                       Deficiency for        Deficiency for
                                      Tax Year Ending       Tax Year Ending
  Petitioners' Names                  December...

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