COSBY v. COMMISSIONER

Docket No. 27924-87.

56 T.C.M. 533 (1988)

T.C. Memo. 1988-506

William A. Cosby and Grace L. Cosby v. Commissioner.

United States Tax Court.

Filed October 20, 1988.


Attorney(s) appearing for the Case

Edward M. McGowan II, for the petitioners. Thomas G. Schleier, for the respondent.


Memorandum Opinion

FAY, Judge:

In a statutory notice of deficiency dated May 23, 1987, respondent determined that a deficiency existed in petitioners' Federal income tax for 1983 in the amount of $483 and that petitioners were liable for additions to tax in the amount of $24 pursuant to section 6653(a)(1),1 and in an amount equal to 50% of the interest due on the deficiency pursuant to section 6653(a)(2). Respondent has since...

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