KLEEDEN v. COMMISSIONER

Docket No. 1715.

3 T.C.M. 1122 (1944)

Mark Kleeden v. Commissioner.

United States Tax Court.

Entered October 25, 1944.


Attorney(s) appearing for the Case

A. E. Hill, Esq., 534 Commerce Exchange Bldg., Oklahoma City, Okla., for the petitioner. E. G. Sievers, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

TURNER, Judge:

Respondent has determined an income tax deficiency against petitioner in the amount of $1,668.25 for the taxable year 1939. The question presented is whether petitioner realized taxable income in the amount of $10,000 when his obligation on certain personal notes in the aggregate face amount of $15,000, plus interest, was discharged, pursuant to an agreement under which certain suits that had

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases