T.C. Memo. 1996-313
UNITED STATES TAX COURT
RICHARD K. AND CHRISTINE M. MCGIRL, Petitioners v.
COMMISSIONER OF INTERNAL REVENUE, Respondent
Docket No. 11510-94. Filed July 11, 1996.
Mark A. Pridgeon, for petitioners.
Jonathan P. Decatorsmith, for respondent.
MEMORANDUM FINDINGS OF FACT AND OPINION
VASQUEZ, Judge: Respondent determined the following
deficiencies in and penalties on petitioners' Federal income
taxes:
Accuracy-related penalties Penalty
Year Deficiency Sec. 6662(a) Sec. 6663
1989 $13,501 --- $10,126
1990 25,904 $30 19,316
1991 21,334 51 15,809
As an alternative to the section 6663 fraud penalty, respondent
determined additional accuracy-related penalties pursuant to
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