SUISMAN v. COMMISSIONER

Docket No. 26744-87.

58 T.C.M. 751 (1989)

T.C. Memo. 1989-629

S. Joel Suisman and Mary Jane Suisman v. Commissioner.

United States Tax Court.

Filed November 27, 1989.


Attorney(s) appearing for the Case

John T. Del Negro, P.O. Box 3197, Hartford, Conn., for the petitioners. John J. Ferrante, for the respondent.


Memorandum Findings of Fact and Opinion

WRIGHT, Judge:

By notice of deficiency dated May 11, 1987, respondent determined a deficiency in petitioners' Federal income tax for taxable year 1983 in the amount of $48,913, an addition to tax under section 6653(a)(1)1 in the amount of $3,618, and an addition to tax under section 6653(a)(2) in the amount of 50 percent of the interest due on $72,359.2

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