BOYD v. COMMISSIONER

Docket No. 20302-91.

101 T.C. 365 (1993)

LEE C. AND BARBARA KINGAN BOYD, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed November 1, 1993.


Attorney(s) appearing for the Case

Lee C. Boyd and Barbara Kingan Boyd, pro sese.

Carmino Santaniello, for respondent.


COLVIN, Judge:

Respondent determined a $21,268 deficiency in petitioners' Federal income tax for 1983 and increased interest for substantial underpayment due to tax-motivated transactions.

After concessions, the issues for decision are;

1. Whether the period for assessment of tax for partnership items provided in section 6229 applies to items which arose in years for which assessment of tax is otherwise...

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