PHILLIPS v. COMMISSIONER

Docket No. 60084.

30 T.C. 866 (1958)

PERCY W. PHILLIPS AND BETTY R. PHILLIPS (HUSBAND AND WIFE), PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed June 30, 1958.


Attorney(s) appearing for the Case

Percy W. Phillips, pro se.

William Schwerdtfeger, Esq., for the respondent.


Respondent determined a deficiency in income tax for the year 1952 in the amount of $10,061.59. The petition raised two issues and made a claim for a refund based on respondent's determination in the statutory notice of deficiency that petitioners had overstated their dividend income and income from a partnership. In his answer respondent admitted that dividend income and income from a partnership had been overstated. One of the issues raised by the petition has been settled...

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