United States Tax Court November 29, 1995, 2137-94 (John M. Cameron and Caroline D. Cameron, and John P. and Teena G. Broadaway v. Commissioner)

105 T.C. No. 25

UNITED STATES TAX COURT

JOHN M. CAMERON AND CAROLINE D. CAMERON,

AND JOHN P. AND TEENA G. BROADAWAY, Petitioners v.

COMMISSIONER OF INTERNAL REVENUE, Respondent

Docket No. 2137-94. Filed November 29, 1995.

Ps were shareholders of X, which computed its

earnings and profits under the percentage of completion

method of accounting.