KOERNER v. COMMISSIONER

Docket No. 25226.

10 T.C.M. 867 (1951)

Ernest Koerner v. Commissioner.

United States Tax Court.

Entered September 11, 1951.


Attorney(s) appearing for the Case

Alexander B. Hawes, Esq., for the petitioner. Michael Waris, Jr., Esq., and Frank Cohen, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

In his deficiency notice the respondent determined a deficiency of $2,337.10 in petitioner's income tax for 1945. The return as filed showed a loss of $26,669.99, and as adjusted by respondent a net income of $9,330.01. By an amended answer filed herein the respondent claims an additional deficiency for 1945 of $3,731.02, making a total deficiency of $6,068.12.

There were two issues raised in the original petition...

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