Samuel Pollack and Annie Pollack v. Commissioner of Internal Revenue

WILLIAM A. McRAE, Jr., District Judge:

This case involves petitions for review of the decisions of the Tax Court involving claims of income tax deficiencies for the years 1958 and 1959 in the aggregate amount of $56,719, together with interest.

Jurisdiction is conferred upon this Court by section 7482 of the Internal Revenue Code of 1954, 26 U.S.C. § 7482.

The decisions of the Tax Court were entered on December 23, 1966, and the taxpayers filed petitions for review on March 22, 1967. On their individual tax returns for the years in question taxpayers claimed deductions for their pro rata share…