Kelly v. Commissioner

Daniel S. W. Kelly and Constance L. Kelly v. Commissioner.

Kelly v. Commissioner

Docket No. 52973.

United States Tax Court

T.C. Memo 1957-7; 1957 Tax Ct. Memo LEXIS 247; 16 T.C.M. (CCH) 34; T.C.M. (RIA) 57007;

January 15, 1957

Harvey W. Peters, Esq., 1308 North Prospect Avenue, Milwaukee, Wis., and Dudley J. Godfrey, Jr., Esq., for the petitioners. John E. Owens, Esq., for the respondent.

HARRON

Memorandum Findings of Fact and Opinion

HARRON, Judge: The Commissioner determined a deficiency in income tax for 1950 in the amount of $2,116.66, and an addition to tax under section 294(d)(2), 1939 Code, in…