T.C. Memo. 1996-98 UNITED STATES TAX COURT RAYMOND ALBERT MOOREFIELD, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 17379-94. Filed March 5, 1996. Raymond Albert Moorefield, pro se. Maria A. Murphy and Michael Salama, for respondent. MEMORANDUM FINDINGS OF FACT AND OPINION COHEN, Judge: Respondent determined a deficiency of $310,670 in petitioner’s Federal income tax for 1988 and additions to tax of $77,667 under section 6651(a)(1) and $15,749 under section 6653(a)(1). The issues for decision are whether funds received by petitioner in 1988 constituted taxable income and whether petitioner is liable for the additions to taxPage: 1 2 3 4 5 6 7 Next
Last modified: May 25, 2011