Pryibil v. Commissioner
United States Board of Tax Appeals
1. DEDUCTION - LOSS. - Held, petitioner was not entitled to a loss deduction where he failed to establish that stock did not become worthless prior to 1928, as determined by respondent. 2. Id. - BAD DEBT. - Held, petitioner was not entitled to a bad debt deduction where he failed to establish his ascertainment of the worthlessness of a debt apparently worthless prior to the taxable year.
1Opinion of the Court
PAUL PRYIBIL, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Pryibil v. Commissioner
Docket No. 58952.
United States Board of Tax Appeals
31 B.T.A. 164; 1934 BTA LEXIS 1147;
September 14, 1934, Promulgated
1. DEDUCTION - LOSS. - Held, petitioner was not entitled to a loss deduction where he failed to establish that stock did not become worthless prior to 1928, as determined by respondent.
2. Id. - BAD DEBT. - Held, petitioner was not entitled to a bad debt deduction where he failed to establish his ascertainment of the worthlessness of a debt apparently worthless prior to the taxable…
2Cases cited1 opinion
- Pryibil v. CommissionerUnited States Board of Tax Appeals · 1934