LEE v. TAXATION DIV. DIRECTOR


6 N.J. Tax 385 (1984)

RENSSELAER LEE AND STELLA LEE, PLAINTIFFS, v. DIRECTOR, DIVISION OF TAXATION, DEFENDANT.

Tax Court of New Jersey.

April 2, 1984.


Attorney(s) appearing for the Case

Carl B. Levy for plaintiffs (Joseph G. Aronson, attorney).

Joseph L. Yannotti, for defendant (Irwin I. Kimmelman, Attorney General of the State of New Jersey, attorney).


HOPKINS, J.T.C.

This appeal is from a determination of the defendant (Director) that additional taxes were due from plaintiffs (taxpayers) pursuant to the New Jersey Gross Income Tax Act, N.J.S.A. 54A: 1-1 et seq. Taxpayers filed a joint return under the New Jersey Gross Income Tax Act for the 1978 tax year whereon they reported income from Keystone-Garrett Properties, a partnership which was engaged in oil and gas production. In reporting that partnership...

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