RANSOM v. COMMISSIONER

Docket No. 111104.

2 T.C. 647 (1943)

ITOLA M. EVANS RANSOM, E. A. PRELLWITZ, GUARDIAN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated September 8, 1943.


Attorney(s) appearing for the Case

Robert R. Thompson, Esq., for the petitioner.

Charles Munz, Esq., for the respondent.


The Commissioner has determined a deficiency in the income tax of petitioner of $1,034.59 for the year 1938. The deficiency results from the following adjustments made by the Commissioner in the net income as reported by petitioner in her income tax return filed for the year 1938:

                            ADJUSTMENTS TO NET INCOME

Net loss as disclosed by return ----------------------------------   ($23,010.51)
Unallowable deductions and additional income...

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