Burns v. Commissioner

Walter F. Burns, Jr., and Evangeline W. Burns v. Commissioner.

Burns v. Commissioner

Docket No. 4383-63.

United States Tax Court

T.C. Memo 1965-299; 1965 Tax Ct. Memo LEXIS 30; 24 T.C.M. (CCH) 1652; T.C.M. (RIA) 65299;

November 15, 1965

David C. Moore, 701 Bank of Delaware Bldg., Wilmington, Del., for the petitioners. Donald W. Howser, for the respondent.

WITHEY

Memorandum Findings of Fact and Opinion

WITHEY, Judge: The respondent has determined a deficiency in petitioners' income tax for 1957 in the amount of $12,589.23. The parties have agreed on stipulation that respondent is entitled to claim an…