POLK v. COMMISSIONER

Docket No. 65082.

31 T.C. 412 (1958)

FRANK POLK AND MARIE POLK, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed November 18, 1958.


Attorney(s) appearing for the Case

Ranel Hanson, Esq., for the petitioners.

J. C. Linge, Esq., for the respondent.


FISHER, Judge:

The respondent determined a deficiency in income tax for the taxable year 1953 of Frank and Marie Polk in the amount of $15,599.30. Issues involving medical expenses, taxability of patronage dividends, and the amount of a net operating loss carryback from the year 1955 have been disposed of by stipulation. The only remaining issue presented by the pleadings is whether interest paid on a deficiency in income tax for the year 1948 is deductible...

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