How do I collapse a tab on an link click?

Question

I have been searching around and can't seem to find anything on this. What I have right now is this...

collapsible =true

$('#close1').click(function() { // bind click event to link
        $tabs.tabs('select', 1);
        return false;
});

but it doesn't work I don't see anything about a toggle method.

Any help appreciated.

Derek