Isert v. Commissioner

C. Edward Isert v. Commissioner.

Isert v. Commissioner

Docket No. 3739-69 SC.

United States Tax Court

T.C. Memo 1971-150; 1971 Tax Ct. Memo LEXIS 182; 30 T.C.M. (CCH) 653; T.C.M. (RIA) 71150;

June 23, 1971, Filed

Held: On the facts submitted, petitioner is not entitled to a casualty or theft loss within the meaning of section 165, I.R.C. 1954.

C. Edward Isert, pro se, 2442 Devine St., Columbus, S. C.Richard G. Holloway, for the respondent.

BRUCE

Memorandum Findings of Fact and Opinion

BRUCE, Judge: Respondent determined a deficiency in petitioner's income tax for the year 1967 in the amount of $280.20.…