Straus v. Commissioner

opinion.

Murdock :

The Commissioner determined a deficiency of $14,284.44 in the petitioner’s income tax for the calendar year 1929. The sole issue relates to the deduction to which the petitioner is entitled for charitable contributions. The parties filed a stipulation of facts as follows:

1. The petitioner, a resident of Baltimore, Maryland, had during the calendar year 1929 an “ ordinary net income,” of $43,079.90 as defined by section 101 (c) of the Revenue Act of 1928, but without any allowance of a deduction for contributions as provided by section 23 (n) of said Act. There were no items…