Memorandum Findings of Fact and Opinion
BRUCE, Judge:
Respondent determined deficiencies in the income tax of petitioners as follows:
Year Amount 1951 ......... $ 6,588.30 1952 ......... 12,458.47
The sole issue is whether certain amounts received by petitioners in the taxable years represented ordinary income or capital gain from the sale of a patent....
Let's get started
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.