STANLEY v. COMMISSIONER

Docket No. 987-97.

77 T.C.M. 1287 (1999)

T.C. Memo. 1999-20

Richard T. Stanley, Sr. and Miriam Stanley v. Commissioner.

United States Tax Court.

Filed January 29, 1999.


Attorney(s) appearing for the Case

Robert N. Bedford and Bruce G. Kaufmann, for the petitioners. Charles A. Baer, for the respondent.


MEMORANDUM OPINION

LARO, Judge:

Richard T. and Miriam Stanley petitioned the Court to redetermine 1992 through 1994 income tax deficiencies of $97,474, $152,220, and $5,569, respectively, and accuracy-related penalties for negligence under section 6662(a) for each of these years. Unless otherwise stated, section references are to the Internal Revenue Code in effect for the years in issue. Rule references are to the Tax Court Rules of Practice and Procedure...

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