Yeager v. Commissioner

Charles W. Yeager and Helen A. Yeager v. Commissioner.

Yeager v. Commissioner

Docket No. 66883.

United States Tax Court

T.C. Memo 1959-41; 1959 Tax Ct. Memo LEXIS 207; 18 T.C.M. (CCH) 192; T.C.M. (RIA) 59041;

February 27, 1959

Edward I. Wallach, Esq., 1010 Society for Savings Building, Cleveland, Ohio, for the petitioners. Maurice B. Townsend, Jr., Esq., for the respondent.

WITHEY

Memorandum Findings of Fact and Opinion

WITHEY, Judge: The Commissioner has determined a deficiency in petitioners' income tax in the amount of $12,717.72 for the taxable year 1953.

The issue for decision are (1) whether the…