MEIER v. COMMISSIONER

Docket No. 10278-77.

91 T.C. 273 (1988)

JENNIE E. MEIER AND JOHN H. MEIER, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed August 22, 1988.


Attorney(s) appearing for the Case

Robert H. Wyshack, for the petitioners.

Charles W. Jeglikowski and Joyce Sugawara, for the respondent.


GERBER, Judge:

Respondent, in a statutory notice dated May 24, 1977, determined deficiencies and additions to petitioners' income tax as follows:

    Year      Deficiency     Sec. 6653(b) addition1

    1968       $26,141.28         $13,070.64
    1969     1,504,622.39         752,311.20
    1970       379,230.45         189,615.23

The issues for our consideration are: (1) Whether...

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