Norman E. Duquette, Inc. - Page 47

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          sustain the negligence penalty for the whole of petitioner’s                
          underpayment in tax other than that portion of the underpayment             
          arising from respondent’s disallowance of the legal fees, since             
          petitioner’s reporting position regarding the deductibility of              
          legal fees was consistent with our holding in Jack’s Maintenance            
          Contractor’s, Inc. v. Commissioner, T.C. Memo. 1981-349, revd.              
          per curiam 703 F.2d 154 (5th Cir. 1983), which we overruled in              
          Hood v. Commissioner, 115 T.C. 172 (2000).                                  
               To reflect the foregoing,                                              

                                                  Decision will be entered            
                                             under Rule 155.                          

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