HANOVER v. COMMISSIONER

Docket Nos. 3930, 3931.

4 T.C.M. 882 (1945)

H. R. Hanover, M. Hanover v. Commissioner.

United States Tax Court.

Entered September 11, 1945.


Attorney(s) appearing for the Case

David Hanover, Esq., for the petitioners. Frank M. Thompson, Jr., Esq., for the respondent.


Memorandum Findings of Fact and Opinion

Respondent determined deficiencies in income tax for the calendar year 1940, in the amount of $51.53 against the petitioner, H. R. Hanover, and $49.94 against the petitioner, M. Hanover. The deficiency against H. R. Hanover results wholly from the elimination from his income of amounts reported by him as his distributable share of net profits of the Golden Eagle Oil Company and the restoration to his income of deductions claimed...

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