Schmidt v. Commissioner
United States Tax Court
Compensation allocable to 1942 under Internal Revenue Code, section 107, held taxable upon receipt in 1943 only to the reduced extent provided by the Current Tax Payment Act. William F. Knox, 10 T. C. 550.
1Opinion of the Court
Arthur T. Schmidt, Petitioner, v. Commissioner of Internal Revenue, Respondent
Schmidt v. Commissioner
Docket No. 9398
United States Tax Court
10 T.C. 746; 1948 U.S. Tax Ct. LEXIS 203;
April 30, 1948, Promulgated
Decision will be entered under Rule 50.
Compensation allocable to 1942 under Internal Revenue Code, section 107, held taxable upon receipt in 1943 only to the reduced extent provided by the Current Tax Payment Act. William F. Knox, 10 T. C. 550.
Arthur T. Schmidt, pro se.
John E. Mahoney, Esq., for the respondent.
Opper, Judge. Hill, J., dissenting. Turner and Leech, JJ., agree with this…
Also in this document: Dissent.
2Cases cited2 opinions
- Knox v. CommissionerUnited States Tax Court · 1948
- Schmidt v. CommissionerUnited States Tax Court · 1948