Gant v. Commissioner

Paul W. Gant and Katherine Gant, Husband and Wife v. Commissioner.

Gant v. Commissioner

Docket No. 54447.

United States Tax Court

T.C. Memo 1957-216; 1957 Tax Ct. Memo LEXIS 34; 16 T.C.M. (CCH) 990; T.C.M. (RIA) 57216;

November 22, 1957

James W. Allen, Esq., Third National Bank Building, Nashville, Tenn., for the petitioners. George L. Hudspeth, Esq., for the respondent.

OPPER

Memorandum Findings of Fact and Opinion

OPPER, Judge: Respondent determined the following deficiencies in and additions to petitioners' income tax:

Additions to Tax

Sec. 294

Sec. 294

Year

Deficiency(d)(1)(A)(d)(2)

1950

$ 718.82

$345.32

$1…