Janice L. Morris - Page 51

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               Petitioner's contention is without merit.  Petitioner                  
          concedes that the underpayment in the joint return for 1987 was             
          attributable to Mr. Morris' fraudulent intent.  Consequently, the           
          period of limitations is extended indefinitely for that year, and           
          respondent may assess the tax due for 1987 at any time against              
          petitioner and/or Mr. Morris.  Vannaman v. Commissioner, 54 T.C.            
          1011, 1016-1018 (1970); see sec. 6501(c)(1); accord Benjamin v.             
          Commissioner, 66 T.C. 1084, 1100 (1976), affd. 592 F.2d 1259 (5th           
          Cir. 1979).                                                                 
               To reflect the foregoing and the concessions of the parties,           

                                             Decision will be entered                 
                                        under Rule 155.                               

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