Legal Opinion
Max Putnam and Elizabeth Putnam v. Commissioner of Internal Revenue
Court of Appeals for the Eighth Circuit
Decided August 11, 1955No. 15190_1PublishedCited by 30 opinions
1Opinion of the Court
THOMAS, Circuit Judge.
Petitioners, Max Putnam and Elizabeth Putnam, seek a review and reversal of a decision of the Tax Court of the United States entered on May 13, 1954, sustaining the determination of the Commissioner of Internal Revenue that there was a deficiency in their income tax return for the year 1947 in the sum of $1411.16, and for the year 1948 in the sum of $2121.56.
Petitioners contend here, as they did in the Tax Court, that they were entitled in their 1947 return to a deduction of $8492.32 as a business bad debt deduction under § 23(k) (1) of the Internal Revenue Code of 1939,…
2Cases cited14 opinions
- Burnet v. ClarkSupreme Court of the United States · 1932
- Dalton v. BowersSupreme Court of the United States · 1932
- Commissioner of Internal Revenue v. SmithCourt of Appeals for the Second Circuit · 1953
- Maloney v. SpencerCourt of Appeals for the Ninth Circuit · 1949
- Omaha Nat. Bank v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1950
9 more not listed; retrieve them via the Exa API.
3Cited by30 opinions
- Putnam v. CommissionerSupreme Court of the United States · 1956
- Lawrence v. CommissionerUnited States Tax Court · 1957
- Pachella v. CommissionerUnited States Tax Court · 1961
- Herald A. O'Neill and G. Evelyn O'neill, His Wife v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1959
- Frank Nelson, Jr. And Lee Etta Nelson v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1960
25 more not listed; retrieve them via the Exa API.