HEILWEIL v. COMMISSIONER

Docket No. 50808.

15 T.C.M. 60 (1956)

T.C. Memo. 1956-13

Jacob Heilweil and Beatrice Heilweil v. Commissioner.

United States Tax Court.

Filed January 19, 1956.


Attorney(s) appearing for the Case

Aaron M. Diamond, Esq., for the petitioners. Robert J. Cowan, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

Respondent determined a deficiency in Federal income tax against petitioner Jacob Heilweil for the year 1947 in the amount of $3,496.04 and against petitioners for the year 1948 in the amount of $3,629.60. The only issues presented by the petition are whether respondent erred in disallowing a bad debt deduction of $8,120 taken by petitioner Jacob in his return for 1947 and in disallowing a bad debt deduction taken by petitioners...

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