COHEN v. COMMISSIONER

Docket No. 42396.

13 T.C.M. 563 (1954)

T. C. Memo. 1954-73

David Cohen v. Commissioner.

United States Tax Court.

Filed June 21, 1954.


Attorney(s) appearing for the Case

Scott P. Crampton, Esq., 934 Bowen Building, Washington, D. C., for the petitioner. Joseph F. Rogers, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

RAUM, Judge:

The respondent determined a deficiency in the income tax of petitioner for the calendar year 1950 in the amount of $11,137.72 and an addition to tax under Section 294(d) of the Internal Revenue Code in the amount of $2,727.69. Petitioner has waived all but one of the allegations of error made in his petition. The only remaining issue is whether a certain non-business debt owed to petitioner became worthless...

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