Court of Appeals for the Seventh Circuit September 8, 1999, 98-2631, 98-2632 (Nick Kikalos and Helen Kikalos v. Commissioner of Internal Revenue)

ILANA DIAMOND ROVNER, Circuit Judge.

On then- income tax returns for 1992 and 1994, Nick and Helen Kikalos deducted as a business expense the interest they paid on tax deficiencies that had been assessed for prior years.