SHWARTZ v. COMMISSIONER

Docket Nos. 78499, 78500.

19 T.C.M. 1276 (1960)

T.C. Memo. 1960-228

Harry Shwartz and Bertha Shwartz v. Commissioner. Irving Weitz and Anna Weitz v. Commissioner.

United States Tax Court.

Filed October 27, 1960.


Attorney(s) appearing for the Case

Monroe J. Winsten, Esq., and Bernard R. Cohen, Esq., 15 Maiden Lane, New York, N. Y., for the petitioners. Frank V. Moran, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

ARUNDELL, Judge:

In these consolidated proceedings respondent determined deficiencies in income tax for the taxable year ended December 31, 1956, against petitioners as follows:

           Petitioner           Docket No. Deficiency

  Harry and Bertha Schwartz...    78499    $15,115.39
  Irving and Anna Weitz.......    78500    14,324.31

The issues are: (1) Whether the respondent erred in...

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