William R. and Betty O. Bass - Page 1















                                 T.C. Memo. 2007-361                                  


                               UNITED STATES TAX COURT                                


                    WILLIAM R. AND BETTY O. BASS, Petitioners v.                      
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket No. 19207-06.             Filed December 5, 2007.               


               William R. and Betty O. Bass, pro se.                                  
               James H. Brunson III, for respondent.                                  


                       MEMORANDUM FINDINGS OF FACT AND OPINION                        

               COHEN, Judge:  In an “affected items” notice of deficiency             
          sent June 19, 2006, respondent determined that petitioners are              
          liable for additions to tax for 1982 as follows:                            











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