DOLL v. COMMISSIONER

Docket No. 19292-03.

90 T.C.M. 517 (2005)

T.C. Memo. 2005-269

Joseph D. Doll and Charlotte J. Doll v. Commissioner.

United States Tax Court.

November 21, 2005.


Attorney(s) appearing for the Case

Joseph D. Doll and Charlotte J. Doll, pro sese;

Patricia A. Komor, for respondent.


MEMORANDUM FINDINGS OF FACT AND OPINION

VASQUEZ, Judge:

Respondent determined a deficiency of $47,448 in petitioners' 2001 Federal income tax and a section 6651(a)(1)1 addition to tax of $10,812. After a concession,2 the issues for decision are: (1) Whether petitioners had any basis in the partnership interests which they sold during 2001 for $199,375, and (2) whether petitioners can exclude any part...

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