Legal Opinion
John C. Taylor and Evelene B. Taylor v. Commissioner of Internal Revenue
Court of Appeals for the Fourth Circuit
Decided January 4, 1962No. 8289_1PublishedCited by 5 opinions
1Opinion of the Court
HAYNSWORTH, Circuit Judge.
The taxpayers contest the Commissioner’s recomputation of certain capital gains realized by them. In this court, they undertake to relitigate issues, largely factual, resolved against them by the Tax Court.' Since the findings of the Tax Court are supported by substantial evidence and are not clearly erroneous, we necessarily affirm.
The taxpayers, husband and wife, filed a joint return in 1951. The return disclosed ordinary income, which was more than offset by allowable deductions, including a substantial loss in the operation of a farm. On this return, they also…
2Cited by5 opinions
- Robert B. Riss and Georgina Riss v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1966
- Higgins Co. v. United StatesDistrict Court, D. Minnesota · 1977
- Charlie Sturgill Motor Co. v. CommissionerUnited States Tax Court · 1973
- Datamation Services, Inc. v. CommissionerUnited States Tax Court · 1976
- Riss v. CommissionerUnited States Tax Court · 1964