T.C. Memo. 1997-400 UNITED STATES TAX COURT CARL E. JONES AND ELAINE Y. JONES, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 23676-93. Filed September 10, 1997. William E. Frantz and John B. Grattan, for petitioners. Eric B. Jorgensen, for respondent. MEMORANDUM OPINION PARR, Judge: Respondent determined deficiencies in, and penalties on, the Federal income tax for 1989, 1990, and 1991 of Carl E. Jones (petitioner) and Elaine Y. Jones (Mrs. Jones) as follows:Page: 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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