ESTATE OF TUNNEY v. COMMISSIONER

Docket Nos. 3888-77, 11521-77.

42 T.C.M. 1500 (1981)

T.C. Memo. 1981-614

Estate of Gene Tunney, Deceased, Nelson Buhler, Mary Lauder Tunney and Bankers Trust Company of New York, Executors, and Mary Lauder Tunney v. Commissioner.

United States Tax Court.

Filed October 20, 1981.


Attorney(s) appearing for the Case

Nelson Buhler, 274 Madison Ave., New York, N.Y., and Albert Dib, for the petitioners. Kevin C. Reilly and Jay S. Hamelburg, for the respondent.


Memorandum Findings of Fact and Opinion

WILBUR, Judge:

Respondent has determined the following deficiencies in petitioners' Federal income tax:

  Taxable Period           Deficiency

      1972 ..............  $13,665.81*
      1973 ..............   39,149.00
      1974 ..............   21,484.32**

* The statutory notice sent to petitioners
for 1972 proposed a deficiency of $4,409.89.
By way of an amended answer, respondent
proposed...

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