T.C. Memo. 1996-433
UNITED STATES TAX COURT
OAKCROSS VINEYARDS, LTD., DENNIS D. GROTH, TAX MATTERS PARTNER,
Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Docket No. 11659-94. Filed September 24, 1996.
Richard J. Sideman, for petitioner.
Kathryn K. Vetter, for respondent.
MEMORANDUM FINDINGS OF FACT AND OPINION
WELLS, Judge: The instant case is a proceeding pursuant to
sections 6226-6231 for a readjustment of partnership items of
Oakcross Vineyards Ltd. (Vineyards), a partnership, for the
taxable year ending December 31, 1990. In a Notice of Final
Partnership Administrative Adjustment, respondent increased
Vineyards’ income for that year by $1,625,423 and increased the
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