COUSINS v. COMMISSIONER

Docket No. 26400-87.

69 T.C.M. 2241 (1995)

T.C. Memo. 1995-129

William P. and Donna L. Cousins v. Commissioner.

United States Tax Court.

Filed March 27, 1995.


Attorney(s) appearing for the Case

Sidney A. Soltz, for the petitioner. Kathleen L. Donohue, for the respondent.


Memorandum Findings of Fact and Opinion

COLVIN, Judge:

Respondent determined deficiencies in and an addition to petitioners' Federal income tax as follows:

                                       Addition to Tax
                                       ---------------
Year                      Deficiency      Sec. 6661

1979 ..................    $37,390           -0-
1980 ..................     78,300          ...

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