LOVELADY v. COMMISSIONER

Docket No. 57756.

15 T.C.M. 1498 (1956)

T.C. Memo. 1956-288

John A. Lovelady and Addie L. Lovelady v. Commissioner.

United States Tax Court.

Filed December 31, 1956.


Attorney(s) appearing for the Case

John A. Lovelady, Route 3, Cullman, Ala., pro se. Homer F. Benson, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

This proceeding involves a deficiency in income tax of $1,442.20 and sections 294 (d)(1)(A) and 294(d)(2) additions to the tax in the amount of $567.31 and $340.38, respectively, for the taxable year 1950.

The contested issues relate to the partial disallowance of the deduction claimed for automobile expenses; the adequacy of the allowance of depreciation on petitioners' one-third interest in farm buildings and equipment...

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