STONECIPHER v. COMMISSIONER

Docket No. 14362-84.

55 T.C.M. 56 (1988)

T.C. Memo. 1988-41

Jesse W. and Margie E. Stonecipher v. Commissioner.

United States Tax Court.

Filed February 9, 1988.


Attorney(s) appearing for the Case

Richard L. Meives, 1801 N. Belt West, Belleville, Ill., for the petitioners. Michael W. Bitner, for the respondent.


Memorandum Findings of Fact and Opinion

HAMBLEN, Judge:

For petitioners' taxable year ended December 31, 1980, respondent determined a deficiency in petitioners' Federal income taxes of $15,279 and an addition to tax under section 6653(b)1 of $7,640. After concessions,2 the sole issue for determination is whether respondent has failed to carry his burden ...

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