William T. Hough and Norma Hough - Page 1












                                 T.C. Memo. 2000-301                                  


                               UNITED STATES TAX COURT                                


                  WILLIAM T. HOUGH AND NORMA HOUGH, Petitioners v.                    
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket No. 10661-97.               Filed September 25, 2000.           
               William T. Hough, pro se.                                              
               Anthony Ammirato, for respondent.                                      


                       MEMORANDUM FINDINGS OF FACT AND OPINION                        

               SWIFT, Judge:  Respondent determined deficiencies in                   
          petitioners' joint Federal income taxes and accuracy-related                
          penalties as follows:                                                       



                                             Accuracy-Related Penalty                 
                    Year      Deficiency     Sec. 6662(a)                             
                    1992      $38,950             $7,790                              
                    1993      23,134              4,627                               
                    1994      38,045              7,609                               







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