Frank J. Hradesky v. Commissioner of Internal Revenue

Hradesky (Taxpayer) appeals from a ruling by the Tax Court 1 upholding the Commissioner’s deficiency determination for the 1966 and 1967 tax years. With the exception of Taxpayer’s contentions regarding irrevocable payment of real estate taxes to a third person, non-taxing authority, this Court finds all other asserted errors to be without merit. 2

Addressing Taxpayer’s remaining and only serious point of error, this Court does not undertake consideration of and does not pass on the question of whether a deduction for real estate taxes under 26 U.S.C.A. § 164(a)(1) must be allowed a cash basis…