Hunt v. Commissioner

APPEALS OF S. T. HUNT AND MRS. S. T. HUNT.

Hunt v. Commissioner

Docket Nos. 6275, 6274.

United States Board of Tax Appeals

4 B.T.A. 1077; 1926 BTA LEXIS 2069;

September 27, 1926, Decided

S. T. Hunt for the petitioners.

A. J. Seaton, Esq., for the Commissioner.

STERNHAGEN

Deficiency of $1,702.18 income tax for 1921 against each petitioner arising from the Commissioner's inclusion in the gross income of each petitioner of one-half of the amount received upon the sale of a certain interest in oil lands. The findings are based upon a stipulation and certain documents introduced by the Commissioner.

FINDINGS…