1. Home
  2. Browse Decisions
  3. T.C.
  4. 20 T.C.
  5. 20 T.C. 318 (1953)
 

NEVITT v. COMMISSIONER

Docket No. 37624.

20 T.C. 318 (1953)

PEYTON G. NEVITT AND ANNA M. NEVITT, HIS WIFE, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated May 13, 1953.

Attorney(s) appearing for the Case

Peyton G. Nevitt, for the petitioners.

A. Russell Beazley, Jr., Esq., for the respondent.

The Commissioner has determined a deficiency in petitioners' income tax of $1,020.51 for the calendar year 1946, which is explained as follows:

1. $3,802.50—Dividends from American Woolen Company preferred stock. A taxpayer, on the cash basis of accounting, is required to report income for the taxable year in which received. You omitted this item from ...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases