Carper v. Commissioner

Charles H. Carper v. Commissioner.

Carper v. Commissioner

Docket No. 84865.

United States Tax Court

T.C. Memo 1962-35; 1962 Tax Ct. Memo LEXIS 273; 21 T.C.M. (CCH) 168; T.C.M. (RIA) 62035;

February 23, 1962

LeRoy Katz, Esq., for the petitioner. W. Ralph Musgrove, Esq., for the respondent.

MULRONEY

Memorandum Findings of Fact and Opinion

MULRONEY, Judge: The respondent determined the following deficiencies in income tax and additions to tax:

Additions to Tax

Income

Sec.

Sec. 294

Sec. 6653(b)

Year

Tax Deficiency

Sec. 293(b) 1

294(d)(2)(d)(1)(A)

I.R.C. 1954

1947

$ 3,012.80

$ 1,506.40

$ 180.77

$ 271.15

1948

877.80

438.90

58.…