Everett v. Commissioner

Rose M. Everett v. Commissioner.

Everett v. Commissioner

Docket No. 2313.

United States Tax Court

1945 Tax Ct. Memo LEXIS 211; 4 T.C.M. (CCH) 454; T.C.M. (RIA) 45154;

May 1, 1945

Bruce Low, Esq., Charles C. Norris, Jr., Esq., and Matthew F. Dorsey, Esq., for the petitioner. William D. Harris, Esq., for the respondent.

OPPER

Memorandum Opinion

OPPER, Judge: Petitioner by this proceeding contests respondent's determination of a deficiency of $15,639.24 in her income tax for 1940.

Two questions are presented, the first being whether the transaction resulting in the disposition of 664 shares of the $5…