HALL v. COMMISSIONER

Docket No. 54445.

15 T.C.M. 680 (1956)

T.C. Memo. 1956-135

Charles E. Hall and Madeleine R. Hall v. Commissioner.

United States Tax Court.

Filed June 6, 1956.


Attorney(s) appearing for the Case

Robert S. Dunn, Esq., for the petitioners. J. Bruce Donaldson, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

PIERCE, Judge:

For the calendar years 1949 and 1950, and for the short taxable period January 1 to March 31, 1951, the respondent determined deficiencies in the income taxes of the petitioners in the respective amounts of $1,163.48, $9,171.89, and $674.89. The sole issue for decision is whether the gains, which petitioner Charles E. Hall realized during the taxable periods from the sale of certain improved residential...

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