1. Home
  2. Browse Decisions
  3. T.C.
  4. 29 T.C.
  5. 29 T.C. 7 (1957)
 

CLUCK v. COMMISSIONER

Docket No. 54527.

29 T.C. 7 (1957)

GENE CLUCK, VIVIAN CLUCK, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed October 9, 1957.

Attorney(s) appearing for the Case

Arthur Glover, Esq., for the petitioners.

Paul M. Newton, Esq., for the respondent.

The Commissioner determined a deficiency of $7,602.78 in the income tax of the petitioners for 1951. The issues for decision are whether the Commissioner understated the petitioners' net operating loss for 1952 for the purpose of the 1951 net operating loss deduction by regarding as nonoperating losses a loss of $15,776.13 on the sale of breeding-herd cattle and a loss of $598.96 from the sale of a combine.

FINDINGS OF FACT.

The petitioners are husband and...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases