Cruser v. Commissioner

Ralph E. Cruser and Betty D. Cruser v. Commissioner.

Cruser v. Commissioner

Docket No. 82148.

United States Tax Court

T.C. Memo 1961-60; 1961 Tax Ct. Memo LEXIS 292; 20 T.C.M. (CCH) 313; T.C.M. (RIA) 61060;

February 28, 1961

N. A. Townsend, Jr., Esq., for the petitioners. Richard C. Forman, Esq., for the respondent.

TIETJENS

Memorandum Findings of Fact and Opinion

TIETJENS, Judge: The Commissioner determined deficiencies in income tax and additions to tax of petitioners as follows:

Deficiencies

Additions to the Tax,

IRC, 1939

Sec. 294

Sec. 294

Year

Income Tax(d)(1)(A)(d)(2)

1953

$6,148.02

$550.98

$367.32

1954

2,382…