MATZ v. COMMISSIONER

Docket No. 17820-95.

76 T.C.M. 465 (1998)

T.C. Memo. 1998-334

Richard L. Matz and Linda A. Matz, Deceased, Richard Lee Matz, Jr., Independent Executor v. Commissioner.

United States Tax Court.

Filed September 22, 1998.


Attorney(s) appearing for the Case

Michael L. Cook, Austin, Tex., Patrick L. O'Daniel, Bryan W. Lee, and William R. Leighton, for the petitioners. Elizabeth A. Owen and T. Richard Sealy III, for the respondent.


MEMORANDUM OPINION

PARR, Judge:

Respondent determined deficiencies in petitioners' Federal income tax for taxable years 1983, 1984, 1985, and 1986 in the amounts of $3,124, $258,369, $11,537, and $653,673, respectively.

All section references are to the Internal Revenue Code in effect for the taxable years in issue, and all Rule references are to the Tax Court Rules of Practice and Procedure, unless otherwise indicated. References to petitioner are...

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