T.C. Memo. 1997-326 UNITED STATES TAX COURT TIMOTHY L. AND JANE WILLIAMS, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 557-95. Filed July 16, 1997. Timothy L. Williams, pro se. Julie M.T. Foster, for respondent. MEMORANDUM FINDINGS OF FACT AND OPINION BEGHE, Judge: Respondent determined deficiencies in petitioners’ Federal income tax and accuracy-related penalties for substantial understatements of income tax as follows:1 1 Unless otherwise indicated, section references are to the Internal Revenue Code in effect for the years in issue. All Rule references are to the Tax Court Rules of Practice and Procedure.Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011