STILLMAN v. COMMISSIONER

Docket No. 22342.

9 T.C.M. 425 (1950)

Austin F. Stillman and Sarah McClung Stillman, Husband and Wife v. Commissioner.

United States Tax Court.

Entered May 31, 1950.


Attorney(s) appearing for the Case

Harry E. Gaylord, Esq., for the petitioners. Percy C. Young, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

OPPER, Judge:

Petitioners seek redetermination of a deficiency in income tax of $9,606.32 for 1945. The sole issue involved is the deductibility of the loss, if any, sustained by petitioners upon the sale of property which they had once occupied as a residence.

Findings of Fact

Petitioners are residents of Rockledge, Florida, and filed a joint return for 1945 with the collector for the district of...

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