T.C. Memo. 1997-153 UNITED STATES TAX COURT CLINTON N. AND NAOMI K. BOHANNON, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 20925-92. Filed March 26, 1997. S. Joseph Piazza and David L. Schick, for petitioners. Willie Fortenberry, Jr., for respondent. MEMORANDUM FINDINGS OF FACT AND OPINION COLVIN, Judge: Respondent determined deficiencies in petitioners' Federal income taxes, an addition to tax, and a penalty as follows: Addition to Tax Penalty Sec. Sec. Year Deficiency 6661 6662(d) 1988 $198,163 $49,541 -- 1989 241,943 -- $48,389Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
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