Chen v. Commissioner

Docket No. 1271-03.

87 T.C.M. 1388 (2004)

T.C. Memo. 2004-132

Frank Chen v. Commissioner.

United States Tax Court.

June 1, 2004.


Attorney(s) appearing for the Case

Frank Chen, pro se.

Paul T. Butler and Lindsey D. Stellwagen, for respondent.


HALPERN, Judge:

By notice of deficiency mailed to petitioner on October 15, 20021 (the notice), respondent determined a deficiency in petitioner's 1999 Federal income tax of $611,357 and additions to tax totaling $252,093. On brief, respondent concedes the additions to tax. As a result of an agreement between the parties, the only issue remaining for decision is whether petitioner's net loss...

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