Bruce David Cohen - Page 1















                                 T.C. Memo. 2001-249                                  


                               UNITED STATES TAX COURT                                


                          BRUCE DAVID COHEN, Petitioner v.                            
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket No. 16641-96.               Filed September 20, 2001.           

                    Respondent determined deficiencies and additions                  
               to tax for petitioner’s 1986, 1988, 1989, 1990, 1991,                  
               and 1992 taxable years.                                                
                    Held:  Petitioner’s sole proprietorship earned net                
               income as redetermined herein for each of the 6 years                  
               involved in this case.                                                 
                    Held, further, petitioner recognized capital gain                 
               from the sale of stock in the amounts of $10,490 and                   
               $9,227 in 1989 and 1990, respectively.                                 
                    Held, further, petitioner’s filing status for 1992                
               was married filing separate.                                           
                    Held, further, petitioner is entitled only to the                 
               standard deduction in 1990.                                            
                    Held, further, petitioner is liable for the sec.                  
               6651(a)(1), I.R.C., addition to tax for failure timely                 
               to file income tax returns for each of the years at                    
               issue.                                                                 





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