HOLT v. COMMISSIONER

Docket Nos. 47636, 47862.

23 T.C. 469 (1954)

HAROLD HOLT, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. MARGARET K. HOLT, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed December 13, 1954.


Attorney(s) appearing for the Case

Bernard J. Long, Esq., for petitioner Harold Holt.

Ellis J. Staley, Jr., Esq., for petitioner Margaret K. Holt.

Donald J. Fortman, Esq., for the respondent.


Respondent determined deficiencies as follows:

                                          Year   Deficiency

Harold Holt ---------------------------   1948      $550.78
Harold Holt ---------------------------   1949       583.34
Margaret K. Holt ----------------------   1948       464.58
Margaret K. Holt ----------------------   1949       479.00

The cases were consolidated on the basis of agreement by the parties.

Respondent...

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