Joseph Maniscalco v. Commissioner of Internal Revenue

This appeal involves review of a decision of the United States Tax Court, 37 T.C.M. 1174 (1978), denying taxpayer a deduction for certain claimed expenses and donations. Review jurisdiction of the decision is granted under 26 U.S.C. § 7482.

During the tax year under review, 1974, taxpayer was a full-time professional artist. On his federal tax return for that year he claimed as an advertising and public relations expense his valuation of three paintings which he donated to charitable organizations. He also deducted as charitable contributions his alleged valuation of three portraits also…