ORTH v. COMMISSIONER

Docket No. 29933.

11 T.C.M. 452 (1952)

Albert K. Orth v. Commissioner.

United States Tax Court.

Entered May 12, 1952.


Attorney(s) appearing for the Case

Charles L. Vann, C. P. A., 209 Peoples Bldg., Charleston, S. C., for the petitioner. S. Earl Heilman, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

RAUM, Judge:

The Commissioner determined a deficiency in income tax against petitioner for the calendar year 1943 in the amount of $7,513.48. Several issues are no longer in dispute, and the computations under Rule 50 will take them into account. The only question remaining for decision is whether petitioner, who in 1943 sold 211 shares of stock of Southern Printing and Publishing Company, realized long-term or short...

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