United States Tax Court May 26, 1987, Docket No. 8087-84. (Reynolds v. Commissioner)

HAROLD M. REYNOLDS, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Reynolds v. Commissioner Docket No. 8087-84. United States Tax Court T.C. Memo 1987-261; 1987 Tax Ct. Memo LEXIS 261; 53 T.C.M. (CCH) 887; T.C.M. (RIA) 87261; May 26, 1987; Reversed November 16, 1988 Thomas A. Caldwell and Joanne C. Beckman, for the petitioner. Vallie C. Brooks, for the respondent.