RYWECK v. COMMISSIONER

Docket No. 26965.

13 T.C.M. 131 (1954)

Daniel Ryweck and Reba Ryweck v. Commissioner.

United States Tax Court.

Entered February 11, 1954.


Attorney(s) appearing for the Case

Llewellyn A. Luce, Esq., and Samuel L. Siegal, Esq., R. K. O. Building, New York, N. Y., for the petitioners. Maurice E. Stark, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

This proceeding involves a deficiency in income tax for the year 1944 of $34,059.44 and a penalty of $8,514.86, asserted under section 291 of the Code.

The issues to be determined are: (1) did Daniel Ryweck (hereinafter referred to as the petitioner) receive taxable income of $58,839.03 in 1944; and (2) did respondent err in asserting a 25 per cent penalty for petitioner's failure to file a Federal income tax return...

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