Stern v. Commissioner

LOUIS STERN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Stern v. Commissioner

Docket No. 19376.

United States Board of Tax Appeals

5 B.T.A. 870; 1926 BTA LEXIS 2760;

December 17, 1926, Promulgated

Louis Stern pro se.

W. F. Gibbs, Esq. for the respondent.

LITTLETON

LITTLETON: The Commissioner determined a deficiency of $379.03 for the calendar year 1923. Petitioner claims that this deficiency is incorrect in so far as it results from the disallowance by the Commissioner of a loss of $4,701.88 on German marks.

FINDINGS OF FACT.

Petitioner is a resident of Brooklyn, N.Y. On various dates…