WHITSON v. COMMISSIONER

Docket No. 4063.

5 T.C.M. 840 (1946)

W. V. Whitson, Jr., and Mamie B. Whitson v. Commissioner.

United States Tax Court.

Entered October 3, 1946.


Attorney(s) appearing for the Case

Joe Brown Cummings, Esq., 815 Stahlman Bldg., Nashville 3, Tenn., for the petitioners. Frank M. Thompson, Jr., Esq., and S. Earl Heilman, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

ARNOLD, Judge:

The petitioners, husband and wife, filed a joint income tax return for 1941. The respondent determined a deficiency in the amount of $2,642.95. The sole issue is whether certain stock owned by W. V. Whitson, Jr., became worthless in the taxable year. The facts are found from the evidence adduced.

Findings of Fact

The petitioners filed a joint return for the year 1941 with the collector...

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