SOUTHEASTERN MAIL TRANSPORT, INC. v. COMMISSIONER

Docket Nos. 703-81, 732-81.

53 T.C.M. 217 (1987)

T.C. Memo. 1987-104

Southeastern Mail Transport, Inc. v. Commissioner. Tony E. Davis and Patricia M. Davis v. Commissioner.

United States Tax Court.

Filed February 23, 1987.


Attorney(s) appearing for the Case

Jones E. Davis, 7081 Lenczyk Dr., Jacksonville, Fla., for the petitioners. Max K. Boyer, for the respondent.


Memorandum Findings of Fact and Opinion

WHITAKER, Judge:

Respondent determined deficiencies in the income tax liability of Southeastern Mail Transport, Inc. (SMT), docket No. 703-81, in the amounts for the fiscal years as follows:

Fiscal Year Ended                Amount

 June 30, 1978 ............... $20,167.38
 June 30, 1979 ...............  88,587.49

The deficiencies determined against petitioners Tony E. Davis...

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