United States Tax Court August 2, 1990, Docket No. 35354-87 (Cannon v. Commissioner)

RICHARD D. AND MARY E. CANNON, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Cannon v. Commissioner Docket No. 35354-87 United States Tax Court T.C. Memo 1990-410; 1990 Tax Ct. Memo LEXIS 421; 60 T.C.M. (CCH) 391; T.C.M. (RIA) 90410; August 2, 1990, Filed *421 Decision will be entered for the respondent. Jay J. Freireich, for the petitioners. Jane B. Wilson, for the respondent.