Cappon v. Commissioner

MARY E. CAPPON, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Cappon v. Commissioner

Docket No. 51042.

United States Board of Tax Appeals

28 B.T.A. 357; 1933 BTA LEXIS 1135;

June 13, 1933, Promulgated

R. F. Witte, Esq., for the petitioner.

F. A. Surine, Esq., for the respondent.

MCMAHON

OPINION.

MCMAHON: This is a proceeding for the redetermination of an asserted deficiency in income tax for the year 1928 in the amount of $263.24.

It is alleged by the petitioner that the respondent erred in disallowing as a deduction from gross income the sum of $2,036.75 representing an insurance premium…