Legal Opinion

Thompson v. Commissioner

United States Board of Tax Appeals

Decided March 1, 1928No. Docket No. 17509Published

The petitioner is entitled to a deduction on account of debts ascertained to be worthless and charged off during the taxable year.

1Opinion of the Court

W. VAN E. THOMPSON, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Thompson v. Commissioner

Docket No. 17509.

United States Board of Tax Appeals

10 B.T.A. 1125; 1928 BTA LEXIS 3955;

March 1, 1928, Promulgated

The petitioner is entitled to a deduction on account of debts ascertained to be worthless and charged off during the taxable year.

C. C. Carlson, C.P.A., and Frank Mergenthaler, Esq., for the petitioner.

A. H. Fast, Esq., for the respondent.

TRAMMELL

This is a proceeding for the redetermination of a deficiency in income tax for the calendar year 1924, in the amount of $1,411.71. The…

2Cases cited1 opinion

  1. Thompson v. CommissionerUnited States Board of Tax Appeals · 1928

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