BARBER v. COMMISSIONER

Docket No. 3156.

4 T.C.M. 104 (1945)

William A. Barber and Melanie G. Barber v. Commissioner.

United States Tax Court.

Entered January 25, 1945.


Attorney(s) appearing for the Case

Milton B. Ignatius, Esq., for the petitioners. J. Richard Riggles, Jr., Esq., for the respondent.


Memorandum Findings of Fact and Opinion

HARRON, Judge:

The respondent has determined a deficiency in income tax for the year 1941, in the amount of $9,809.95. The only question is whether petitioner is entitled to a long-term capital loss from the alleged sale of alleged capital assets in the taxable year. Petitioner contends that he sustained a loss of $192,956.28 from the sale of 2,500 shares of Childs Company...

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