MATHESON v. COMMISSIONER

Docket No. 25898-87.

62 T.C.M. 469 (1991)

T.C. Memo. 1991-394

James R. Matheson v. Commissioner.

United States Tax Court.

Filed August 13, 1991.


Attorney(s) appearing for the Case

Bradford E. Henschel, for the petitioner. Louis B. Jack, for the respondent.


Memorandum Findings of Fact and Opinion

KORNER, Judge:

Respondent determined a $26,697 deficiency in the joint 1983 Federal income tax of James R. and Joanne Matheson, as well as an addition to tax under section 6661(a)1 of $6,674; an addition to tax under section 6653(a)(1) of $1,335; and an addition to tax of 50 percent of the interest due on the underpayment under section 6653(a)(2). Respondent also determined that they were...

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