Cowarde v. Commissioner
United States Tax Court
Respondent disallowed certain deductions for lack of substantiation. Held, petitioner failed to carry burden of proof with respect to casualty loss deduction. Held further, Taxpayer is entitled to an interest expense deduction in the amount of $606.78 in accordance with respondent's concessions.
1Opinion of the Court
MARTHA S. COWARDE, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Cowarde v. Commissioner
Docket No. 560-75
United States Tax Court
T.C. Memo 1976-246; 1976 Tax Ct. Memo LEXIS 156; 35 T.C.M. (CCH) 1066; T.C.M. (RIA) 760246;
August 10, 1976, Filed
Respondent disallowed certain deductions for lack of substantiation. Held, petitioner failed to carry burden of proof with respect to casualty loss deduction. Held further, Taxpayer is entitled to an interest expense deduction in the amount of $606.78 in accordance with respondent's concessions.
Martha S. Cowarde, pro se.
Stephen R. Takeuchi, for…
2Cases cited2 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Cowarde v. CommissionerUnited States Tax Court · 1968