RIGGS v. COMMISSIONER

Docket No. 5559-90.

63 T.C.M. 3107 (1992)

T.C. Memo. 1992-323

Jaxzann M. Riggs v. Commissioner.

United States Tax Court.

Filed June 8, 1992.


Attorney(s) appearing for the Case

Michael J. Abramovitz, 1625 Broadway, Denver, Colo., for the petitioner. Martin B. Kaye and Michael J. Cooper, for the respondent.


Memorandum Findings of Fact and Opinion

KORNER, Judge.

By statutory notice of deficiency dated January 11, 1990, respondent determined deficiencies in petitioner's 1985, 1986, and 1987 Federal income tax in the amounts of $4,408, $5,796, and $3,682, respectively. The issue for decision is whether respondent erred in determining that petitioner was not entitled to deduct the pass-through of losses from an S Corporation for all 3 years at issue, nor to an...

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