United States Tax Court July 7, 1981, Docket Nos. 644-72, 7530-73 (Roebling v. Commissioner)

lead-opinion

Drennen, Judge:

In these consolidated cases,1 respondent determined deficiencies in petitioner’s income tax for the taxable years as follows:

Year Deficiency

1965 .$18,447.43

1966 . 20,705.96

1967 . 54,475.31

1968 . 11,734.85

1969 . 20,595.73

After concessions by the parties, the issues for decision are:

(1) Whether Trenton Trust Co.