Lewis v. Commissioner

Richard F. Lewis v. Commissioner.

Lewis v. Commissioner

Docket No. 4917.

United States Tax Court

1946 Tax Ct. Memo LEXIS 85; 5 T.C.M. (CCH) 784; T.C.M. (RIA) 46220;

September 12, 1946

Clyde C. Sherwood, Esq., 333 Montgomery St., San Francisco 4, Calif., for the petitioner. T. M. Mather, Esq., for the respondent.

HARRON

Memorandum Findings of Fact and Opinion

HARRON, Judge: Respondent determined a deficiency of $12,559.91 in income tax for the year 1941. Certain adjustments are not contested. The question to be decided is the amount of the capital gain which petitioner, the sole stockholder of Juneau…