IBABAO MEDICAL CORPORATION v. COMMISSIONER

Docket Nos. 26822-84, 26823-84.

55 T.C.M. 1183 (1988)

T.C. Memo. 1988-285

Ibabao Medical Corporation v. Commissioner. Florentino T. and Lilia F. Ibabao v. Commissioner.

United States Tax Court.

Filed June 29, 1988.


Attorney(s) appearing for the Case

Patrick J. Quinn, 150 Nellen Ave., Corte Madera, Calif., for the petitioners. Beatrice M. Pearson, for the respondent.


Memorandum Findings of Fact and Opinion

WRIGHT, Judge:

By separate notices of deficiency dated April 25, 1984, respondent determined the following deficiencies in petitioners' Federal income tax:

                                                                 Additions to Tax
  Petitioner                        Taxable Year  Deficiency    Sec. 6653(a)1

  Ibabao Corp. .........

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