GOOLD v. COMMISSIONER

Docket No. 15072.

8 T.C.M. 2 (1949)

E. R. Goold v. Commissioner.

United States Tax Court.

Entered January 6, 1949.


Attorney(s) appearing for the Case

Lafayette J. Smallpage, Esq., Savings & Loan Bldg., Stockton, Calif., and Frank C. Scott, Esq., Box 1904, Stockton, Calif., for the petitioner. Leonard A. Marcussen, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

This proceeding involves a deficiency in income and victory tax for the calendar year 1943 in the amount of $18,632.28, set forth in the deficiency notice, plus an increase of $1,100.61 claimed by respondent in an amendment to his answer, the total deficiency being in the sum of $19,732.89. Petitioner claims an overpayment of $217.37.

The principal issue is whether petitioner's share in the net income of the partnership...

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