IDAHO FIRST NATIONAL BANK v. COMMISSIONER

Docket Nos. 27381-88, 27382-88.

60 T.C.M. 810 (1990)

T.C. Memo. 1990-499

Idaho First National Bank and Its Subsidiary v. Commissioner. Moore Financial Group, Inc. and Its Subsidiaries v. Commissioner.

United States Tax Court.

Filed September 20, 1990.


Attorney(s) appearing for the Case

Robert J. Jones, L. Hope O'Keeffe, and Steven P. Lockman, 1200 New Hampshire Ave., N.W., Washington, D.C., for the petitioners. Wilton A. Baker, for the respondent.


Supplemental Memorandum Findings of Fact and Opinion

COHEN, Judge:

In our opinion filed August 23, 1990, as [Dec. 46,826] 95 T.C. ___, we discussed and decided the primary issue remaining in this case. The parties had been ordered to file supplemental memoranda with respect to two additional issues, to wit, petitioners' claimed loss on worthlessness of certain assets and deduction for additional pension contributions in 1985. Unless otherwise indicated,...

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