Warren G. Buck and Judith A. Buck - Page 2

                                        - 2 -                                         

                     Additions to Tax                                                 
             * 50 percent of the interest due on $27,859.                             
               The issues for decision are:                                           
               (1) Are petitioners liable for 1983 for the additions to               
          tax under section 6653(a)(1) and (2)?  We hold that they are.               
               (2) Are petitioners liable for 1983 for the addition to tax            
          under section 6661(a)?  We hold that they are.                              
                                  FINDINGS OF FACT                                    
               Some of the facts have been stipulated and are so found.               
               Petitioners resided in Plainfield, New Jersey, at the time             
          the petition was filed.                                                     
               Starting around 1979 upon completion of his medical train-             
          ing, petitioner Warren G. Buck,2 a physician specializing in                
          internal medicine and cardiology, was employed by the Menlo Park            
          Medical Group (Menlo Group), where he has remained employed                 
          during all relevant periods.  During 1983, the year at issue,               
          petitioner Judith A. Buck was employed by Victory Memorial                  
          Hospital as a registered nurse, and as of the date of the trial             
          herein she was employed as a nurse practitioner at Lutheran                 
          Medical Center.                                                             
               Around 1974, petitioners began using the accounting and tax            
          return preparation services of Peter J. Amsterdam (Mr. Amster-              


          2  Hereinafter, references to petitioner in the singular are to             
          petitioner Warren G. Buck.                                                  




Page:  Previous  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  Next

Last modified: May 25, 2011