Memorandum Opinion
DRENNEN, Judge:
By notice of the deficiency dated March 15, 1976, respondent determined deficiencies in and additions to petitioners' Federal income tax as follows:
Addition to Tax Year Deficiency § 6653(b)1 1962 .... $323,254.66 $161,627.33 1963 .... 625,279.29 312,639.65
The issues for decision are:
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