Lord v. Commissioner

Richard D. Lord and Mildred Lord v. Commissioner.

Lord v. Commissioner

Docket No. 5642-67.

United States Tax Court

T.C. Memo 1970-152; 1970 Tax Ct. Memo LEXIS 209; 29 T.C.M. (CCH) 653; T.C.M. (RIA) 70152;

June 11, 1970, Filed

David W. Sandell, 4400 Seattle First Nat'l Bank Bldg., Seattle, Wash., for the petitioners. Millard D. Lesch, for the respondent.

FORRESTER

Memorandum Findings of Fact and Opinion

FORRESTER, Judge: Respondent determined deficiencies in petitioners' income taxes as follows:

Fiseal Year Ended

Deficiency

12-31-61

$ 3,447.95

12-31-62

13,303.73

12-31-63

125.21

Concessions having been made, the…