Boyer v. Commissioner

Joseph C. Boyer and Eulabel Boyer v. Commissioner.

Boyer v. Commissioner

Docket No. 50342.

United States Tax Court

T.C. Memo 1955-105; 1955 Tax Ct. Memo LEXIS 234; 14 T.C.M. (CCH) 350; T.C.M. (RIA) 55105;

April 27, 1955

Lucien L. Dunbar, Esq., for the petitioners. John L. Carey, Esq., for the respondent.

TIETJENS

Memorandum Findings of Fact and Opinion

TIETJENS, Judge: The Commissioner determined deficiencies in income tax of $14,953.56 and $104.82 for the years 1945 and 1948, respectively.

The primary issue for decision is whether certain stock became worthless before January 1, 1942, as determined by…