Legal Opinion
Adams v. Commissioner
United States Tax Court
Decided February 29, 1944No. Docket No. 104248Unpublished
1Opinion of the Court
Nettie M. Adams v. Commissioner.
Adams v. Commissioner
Docket No. 104248.
United States Tax Court
1944 Tax Ct. Memo LEXIS 342; 3 T.C.M. (CCH) 189; T.C.M. (RIA) 44065;
February 29, 1944
Harry Thom, Esq., for the petitioner. Harold H. Hart, Esq., for the respondent.
LEECH
Memorandum Findings of Fact and Opinion
LEECH, Judge: This proceeding involves income tax deficiency for the fiscal year ended May 31, 1938 in the amount of $531.09. The only issue is whether the petitioner is entitled to deduct a loss based upon the liquidation of the Continental Illinois Company. Petitioner acquired her interest in…
2Cases cited5 opinions
- De Coppet v. HelveringCourt of Appeals for the Second Circuit · 1940
- Commissioner v. HagermanCourt of Appeals for the Third Circuit · 1939
- Hagerman v. CommissionerUnited States Board of Tax Appeals · 1936
- Orvilletta, Inc. v. CommissionerUnited States Board of Tax Appeals · 1942
- Wise v. CommissionerCourt of Appeals for the Third Circuit · 1940