STEIN v. COMMISSIONER

Docket No. 27380-90.

64 T.C.M. 1262 (1992)

T.C. Memo. 1992-651

Hester L. Stein v. Commissioner.

United States Tax Court.

Filed November 5, 1992.


Attorney(s) appearing for the Case

Bruce B. Hart and Harmon L. Taylor, for the petitioner. Helen T. Repsis and Susan J. Rascoe, for the respondent.


Memorandum Opinion

SCOTT, Judge:

Respondent determined a deficiency in petitioner's Federal income tax for the calendar year 1988 in the amount of $8,977 and an addition to tax under section 66611 in the amount of $2,244.

The issues for decision are: (1) Whether an amount received by petitioner in 1988 under an offer made by her employer to certain employees who elected to terminate and retire when the employer was acquired...

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