Payer v. Commissioner

Harry F. Payer v. Commissioner.

Payer v. Commissioner

Docket No. 7701.

United States Tax Court

1946 Tax Ct. Memo LEXIS 65; 5 T.C.M. (CCH) 917; T.C.M. (RIA) 46239;

October 8, 1946

Lloyd F. Loux, Esq., 1000 N.B.C. Bldg., Cleveland, Ohio. for the petitioner. W. W. Kerr, Esq., for the respondent.

KERN

Memorandum Findings of Fact and Opinion

This proceeding involves deficiencies in income tax in the amounts of $4,061.37 for the calendar year 1940 and $544.41 for the calendar year 1941. The questions presented for decision relate only to the deficiency determined for the year 1940, and are whether a certain…