HANCOCK v. COMMISSIONER

Docket No. 31146.

18 T.C. 210 (1952)

GEORGE M. HANCOCK AND RUBY HANCOCK, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated May 9, 1952.


Attorney(s) appearing for the Case

J. A. McIntosh, Esq., for the petitioners.

Michael J. Clare, Esq., for the respondent.


Respondent determined a deficiency of $3,598.10 in income tax against petitioners for 1948. The issue is whether petitioners received as taxable income certain dividends in the aggregate amount of $10,170, and whether George M. Hancock, husband of Ruby Hancock, also received a bonus of $5,833.05. Petitioners filed their joint return for the taxable year with the collector of internal revenue for the first district of Ohio.

FINDINGS OF FACT.

The facts set...

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