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CHARLES SCHWAB CORP. & SUBS. v. COMMR.

Docket Nos. 16903-98, 18095-98.

122 T.C. 191 (2004)

122 T.C. No. 10

THE CHARLES SCHWAB CORPORATION AND SUBSIDIARIES, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed March 9, 2004.

Attorney(s) appearing for the Case

Glenn A. Smith, Erin M. Collins, Laurence J. Bardoff, and Patricia J. Galvin, for petitioner.

Rebecca T. Hill, for respondent.

GERBER, Judge:

Respondent, in these consolidated cases,1 determined deficiencies in petitioner's2 1989, 1990, 1991, and 1992 income taxes of $2,245,332, $2,797,349, $3,101,526, and $827,683, respectively. By means of amended answers, respondent asserts increased income tax deficiencies of $2,644,782, $2,906,015, $3,210,191, and $936,349 for petitioner's tax years 1989, 1990, 1991, and 1992, respectively...

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