DEUPREE v. COMMISSIONER

Docket No. 109182.

1 T.C. 113 (1942)

RICHARD R. DEUPREE, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated November 24, 1942.


Attorney(s) appearing for the Case

F. F. Dinsmore, Esq., for the petitioner.

DeWitt M. Evans, Esq., for the respondent.


The Commissioner has determined a deficiency of $32,819.67 in petitioner's income tax for the year 1938. This deficiency is due to three adjustments which the Commissioner made to the net income as disclosed by the return filed by petitioner. These adjustments were:

Unallowable deductions and additional income:

    (a) Compensation --------------------------------   $50,000
    (b) Expenses ------------------------------------     2,000
    (c) Contributions...

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