SCHACHTER v. COMMISSIONER

Docket No. 2939-96.

113 T.C. 192 (1999)

MARTIN AND BARBARA SCHACHTER, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed September 14, 1999.


Attorney(s) appearing for the Case

Martin A. Schainbaum and David B. Porter, for petitioners.

Paul J. Krug, for respondent.


SUPPLEMENTAL OPINION

SWIFT, Judge:

This matter is before us under Rule 155 on the parties' disputed computations of the decision to be entered herein.

The issue for decision is whether petitioners should be allowed a credit against civil fraud additions to tax for a $250,000 criminal fine imposed on petitioner Martin Schachter (petitioner).

Unless otherwise indicated, all section references...

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