Legal Opinion
Barnard v. Commissioner
United States Tax Court
Decided December 27, 1963No. Docket No. 1131-62Unpublished
1Opinion of the Court
Robert L. Barnard v. Commissioner.
Barnard v. Commissioner
Docket No. 1131-62.
United States Tax Court
T.C. Memo 1963-338; 1963 Tax Ct. Memo LEXIS 6; 22 T.C.M. (CCH) 1773; T.C.M. (RIA) 63338;
December 27, 1963
Benjamin Becker, for the petitioner. Frederic S. Kramer, for the respondent.
OPPER
Memorandum Findings of Fact and Opinion
OPPER, Judge: A deficiency in 1959 income tax of $220 has been determined. The issue is whether cash advances made by petitioner (1) constituted an allowable nonbusiness bad debt under section 166(d), I.R.C. 1954, or, if not, (2) constituted a deductible loss under section…
2Cases cited5 opinions
- Hans Zimmerman and Clara Zimmerman, Apellants v. United States of America and District Director of Internal RevenueCourt of Appeals for the Ninth Circuit · 1963
- Commissioner of Internal Revenue v. ParkCourt of Appeals for the Third Circuit · 1940
- Park v. CommissionerUnited States Board of Tax Appeals · 1938
- Milton Bradley Co. v. United StatesCourt of Appeals for the First Circuit · 1944
- Nichols v. CommissionerUnited States Tax Court · 1958