T.C. Memo. 1995-487
UNITED STATES TAX COURT
JACK R. PREWITT AND SHELLEY PREWITT, Petitioners v.
COMMISSIONER OF INTERNAL REVENUE, Respondent
Docket No. 3665-92. Filed October 10, 1995.
Jack R. Prewitt and Shelley Prewitt, pro sese.
Howard P. Levine, for respondent.
MEMORANDUM FINDINGS OF FACT AND OPINION
GERBER, Judge: Respondent determined deficiencies in and
additions to Federal income tax for petitioners' 1980 through
1983 taxable years as follows:
Additions to Tax
Sec. Sec. Sec. Sec.
Year Deficiency 6653(b) 6653(b)(1) 6653(b)(2) 6661
1980 $5,393 $3,745.50 --- --- ---
1981 3,235 1,617.50 --- --- ---
1982 10,622 --- $6,879.50 1 $2,655.50
1983 91,531 --- 45,765.50 1 22,882.75
1 50 percent of the interest due on the deficiency.
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