United States Tax Court January 27, 1981, Docket No. 9266-76. (Schaeffer v. Commissioner)

MILTON T. SCHAEFFER AND JOAN H. SCHAEFFER, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Schaeffer v. Commissioner Docket No. 9266-76. United States Tax Court T.C. Memo 1981-27; 1981 Tax Ct. Memo LEXIS 711; 41 T.C.M. (CCH) 752; T.C.M. (RIA) 81027; January 27, 1981. William H. Lawson, Jr., for the petitioners. *712 Wesley J. Lynes and Joel Gerber, for the respondent.