T.C. Memo. 1998-82 UNITED STATES TAX COURT TERRY DUANE BEALL AND JOYCE ENGEL BEALL, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 18922-94. Filed February 25, 1998. Paul Martin Shimoff, for petitioners. Jonathan H. Moss, for respondent. MEMORANDUM FINDINGS OF FACT AND OPINION WRIGHT, Judge: Respondent determined an income tax deficiency for petitioners' 1989 taxable year in the amount of $140,882. Respondent also determined an accuracy-related penalty for negligence under section 6662(a)1 in the amount of $28,182. 1 All section references are to the Internal Revenue Code (continued...)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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