Grey v. Commissioner

ROBERT P. and RHETTA C. GREY, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Grey v. Commissioner

Docket No. 1309-72.

United States Tax Court

T.C. Memo 1974-2; 1974 Tax Ct. Memo LEXIS 317; 33 T.C.M. (CCH) 3; T.C.M. (RIA) 74002;

January 8, 1974, Filed

Alan M. Alexander, Jr., for the petitioners.

Dudley W. Taylor, for the respondent.

RAUM

MEMORANDUM FINDINGS OF FACT AND OPINION

The Commissioner determined deficiencies in petitioners' income tax in the following amounts:

Taxable Year

Amount

1966

$12,516.84

1968

6,305.76

1969

2,191.26

2

Three issues are presented for decision, two of which involves the…