LOSH v. COMMISSIONER

Docket Nos. 106892, 106893.

1 T.C. 1019 (1943)

A. R. LOSH, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. JENNIE C. LOSH, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated April 27, 1943.


Attorney(s) appearing for the Case

C. Keefe Hurley, Esq., for the petitioners.

Gene W. Reardon, Esq., for the respondent.


These proceedings challenge respondent's determination of deficiencies in petitioners' income tax for the year 1937 as follows: A. R. Losh, $4,839.94; Jennie C. Losh, $4,810.02.

An alleged bad debt deduction and certain alleged ordinary and necessary business expenses to the extent of $702.85 having been conceded by petitioners at the hearing, the remaining questions for our determination are the taxability to petitioners of the entire income under a partnership-trust...

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