Plastic Engineering & Technical Services, Inc. - Page 1
















                                 T.C. Memo. 2001-324                                  


                               UNITED STATES TAX COURT                                


             PLASTIC ENGINEERING & TECHNICAL SERVICES, INC., Petitioner               
                                         v.                                           
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket No. 10157-99.                Filed December 28, 2001.           

               Charles E. Turnbull and Frank E. Henke, for petitioner.                
               John W. Stevens, for respondent.                                       

                                 MEMORANDUM OPINION                                   


               GOLDBERG, Special Trial Judge:  Respondent determined a                
          deficiency in petitioner’s Federal income tax in the amount of              
          $9,170 for the taxable year 1995.  Unless otherwise indicated,              
          section references are to the Internal Revenue Code in effect for           
          the year in issue, and all Rule references are to the Tax Court             
          Rules of Practice and Procedure.                                            





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