LIGGET v. COMMISSIONER

Docket No. 4797.

4 T.C.M. 598 (1945)

Robert C. Ligget v. Commissioner.

United States Tax Court.

Entered June 7, 1945.


Attorney(s) appearing for the Case

Frederick H. Spotts, Esq., 2228 Land Title Bldg., Philadelphia, Pa., for the petitioner. Karl W. Windhorst, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

HARRON, Judge:

The respondent determined deficiencies in income tax for the years 1940 and 1941 in the respective amounts of $1,715.41 and $2,522.23. Not all of the adjustments are in dispute. The only issue relates to the disallowance by respondent of deductions for interest and taxes paid by petitioner, in his individual capacity, on certain mortgaged real estate, the legal title to which was held by petitioner,...

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