Legal Opinion
Barnes v. Commissioner
United States Tax Court
Decided October 26, 1987No. Docket No. 108-86UnpublishedCited by 1 opinion
1Opinion of the Court
GEORGE E. BARNES AND FLORENCE H. BARNES, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Barnes v. Commissioner
Docket No. 108-86.
United States Tax Court
T.C. Memo 1987-544; 1987 Tax Ct. Memo LEXIS 536; 54 T.C.M. (CCH) 972; T.C.M. (RIA) 87544;
October 26, 1987.
Loren E. Juhl, for the petitioners.
Janine M.Poronsky, for the respondent.
COHEN
MEMORANDUM OPINION
COHEN, Judge: Respondent's determined the following deficiencies in petitioner's Federal income tax:
Year
Deficiency
1976
$ 6,375.70
1977
5,258.47
1978
934.71
The sole issue for decision is whether capital was a material income-producing…
2Cases cited14 opinions
- Taft v. HelveringSupreme Court of the United States · 1940
- Crow v. CommissionerUnited States Tax Court · 1985
- Rousku v. CommissionerUnited States Tax Court · 1971
- Moore v. CommissionerUnited States Tax Court · 1979
- Bruno v. CommissionerUnited States Tax Court · 1978
9 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Crowell v. CommissionerUnited States Tax Court · 1988