T.C. Memo. 2007-340
UNITED STATES TAX COURT
DENNIS L. AND MARGARET J. KNUDSEN, Petitioners v.
COMMISSIONER OF INTERNAL REVENUE, Respondent
Docket No. 18246-04. Filed November 15, 2007.
Jack D. Flesher and Brian A. Turney, for petitioners.
Ann L. Darnold, for respondent.
MEMORANDUM FINDINGS OF FACT AND OPINION
MARVEL, Judge: Respondent determined deficiencies with
respect to petitioners’ Federal income tax of $183,774 for 2000
and $197,473 for 2001. The issues for decision are:
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Last modified: March 27, 2008