Knapp v. Commissioner

WILLIAM R. KNAPP and MARGARET M. KNAPP, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

JAMES G. KNAPP and ELAINE M. KNAPP, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Knapp v. Commissioner

Docket Nos. 9953-74, 9954-74, 9642-75, 9643-75.

United States Tax Court

T.C. Memo 1977-389; 1977 Tax Ct. Memo LEXIS 51; 36 T.C.M. (CCH) 1576; T.C.M. (RIA) 770389;

November 9, 1977, Filed

James E. Merritt and Thomas H. Steele, for the petitioners.

William E. Saul, for the respondent.

RAUM

MEMORANDUM FINDINGS OF FACT AND OPINION

RAUM, Judge: The Commissioner determined the following…