Reuter v. Commissioner
United States Tax Court
Held, that petitioner is not entitled to deduct for income tax purposes, as an ordinary and necessary expense under either section 162 or section 212 of the 1954 Code, the amounts which he paid as additions to tax under section 6651(a) for the delinquent filing of a Federal excise tax return.
1Opinion of the Court
John Reuter, Jr., Petitioner, v. Commissioner of Internal Revenue, Respondent
Reuter v. Commissioner
Docket No. 87400
United States Tax Court
37 T.C. 599; 1961 U.S. Tax Ct. LEXIS 4;
December 29, 1961, Filed
Decision will be entered for the respondent.
Held, that petitioner is not entitled to deduct for income tax purposes, as an ordinary and necessary expense under either section 162 or section 212 of the 1954 Code, the amounts which he paid as additions to tax under section 6651(a) for the delinquent filing of a Federal excise tax return.
William McRae, Esq., for the petitioner.
Wesley A. Dierberger,…
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