KERRY v. COMMISSIONER

Docket Nos. 24442-81, 24443-81.

89 T.C. 327 (1987)

VERNON Y. KERRY AND MARY ANN KERRY, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT GAIL C. KERRY AND CAROL E. KERRY, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed August 24, 1987.


Attorney(s) appearing for the Case

John W. Schmehl and Thomas E. Doran, for the petitioners.

James P. Clancy, for the respondent.


WHITAKER, Judge:

Respondent determined a deficiency in petitioners' Federal income tax for the years and in the amounts indicated:

   Vernon Y. and Mary Ann Kerry—Docket No. 24442-81

Year                                               Deficiency

1974 .........................................      $5,176
1975 .........................................     463,688
1976 ............

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