WICK v. COMMISSIONER OF INTERNAL REVENUE,

Docket No. 9514.

7 T.C. 723 (1946)

GEORGE D. WICK, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated September 16, 1946.


Attorney(s) appearing for the Case

G. W. Smith, Esq., for the petitioner.

Homer F. Benson, Esq., for the respondent.


The respondent determined deficiencies in income tax and income and victory tax for the years 1941 and 1943 in the respective amounts of $3,467.58 and $10,028.63. He also added negligence penalties under section 293(a) of the Internal Revenue Code in the respective amounts of $173.38 and $501.43. Respondent has stipulated that the 5 per cent negligence penalties are not applicable to the deficiencies determined for the taxable years. Effect will be given to this stipulation...

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