Jones v. Commissioner

Donald B. Jones and Beverly V. Jones v. Commissioner.

Jones v. Commissioner

Docket No. 94347.

United States Tax Court

T.C. Memo 1966-136; 1966 Tax Ct. Memo LEXIS 149; 25 T.C.M. (CCH) 701; T.C.M. (RIA) 66136;

June 20, 1966

Donald B. Jones, 774 Broad St., Newark, N.J., and Frank W. Hoak, for the petitioners. Donald H. Cuozzo, for the respondent.

SCOTT

Memorandum Findings of Fact and Opinion

SCOTT, Judge: Respondent determined deficiencies in petitioners' income tax for the calendar years 1957 and 1959 in the amounts of $1,981.28 and $1,286.23, respectively.

The sole issue is whether, and if so, to what…