BOEHM v. COMMISSIONER

Docket No. 52348.

28 T.C. 407 (1957)

ROBERT BOEHM AND FRANCES BOEHM, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed May 22, 1957.


Attorney(s) appearing for the Case

Rubin H. Marcus, Esq., for the petitioners.

Theodore E. Davis, Esq., for the respondent.

The Commissioner determined a deficiency in income tax for the taxable year 1948 in the amount of $1,715.88. The only issue is whether under the provisions of section 24 (b) (1) (B), 1939 Code, no deduction shall be allowed the petitioner in respect of losses from sales of securities in the taxable year.


OPINION.

HARRON, Judge:

All of the facts have been stipulated. The stipulation is adopted as our findings of fact. The facts are as follows.

Robert Boehm and his wife, Frances, who is referred to hereinafter as the petitioner, filed a joint return for the taxable year 1948 with the collector of internal revenue for the second district of New York.

Petitioner's mother-in-law is Lillian Boehm; her father-in-law is Louis Boehm; and her...

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