T.C. Memo. 1996-382 UNITED STATES TAX COURT MAGDY S. ELLABBAN, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 16642-94. Filed August 19, 1996. Magdy S. Ellabban, pro se. Halvor N. Adams III and Joan Casali, for respondent. MEMORANDUM FINDINGS OF FACT AND OPINION COLVIN, Judge: Respondent determined that petitioner has a deficiency in Federal income tax of $111,795 for 1990 and additions to tax of $27,706 under section 6651(a)(1) and $797 under section 6654. Petitioner was president of Elan Leather Corp. (Elan). After concessions, we must decide the following:Page: 1 2 3 4 5 6 7 8 9 10 11 12 Next
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