Fatai O. and Mary King - Page 1

















                                 T.C. Memo. 1999-293                                  


                               UNITED STATES TAX COURT                                


                       FATAI O. AND MARY KING, Petitioners v.                         
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket No. 10781-98.                Filed September 1, 1999.           



               Fatai O. and Mary King, pro se.                                        
               Carol-Lynn E. Moran, for respondent.                                   


                       MEMORANDUM FINDINGS OF FACT AND OPINION                        

               RUWE, Judge:  Respondent determined a deficiency of $11,450            
          in petitioners' 1994 Federal income tax and an accuracy-related             
          penalty pursuant to section 6662(a)1 of $2,290.  The notice of              

               1Unless otherwise indicated, all section references are to             
          the Internal Revenue Code in effect for the year at issue, and              
                                                             (continued...)           




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