DEVIAK v. COMMISSIONER

Docket No. 77972.

19 T.C.M. 626 (1960)

T.C. Memo. 1960-118

Xenia Deviak v. Commissioner.

United States Tax Court.

Filed June 8, 1960.


Attorney(s) appearing for the Case

Paul Ackerman, Esq., 2000 P Street, N. W., Washington, D. C., for the petitioner. Kenneth G. Anderson, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

TIETJENS, Judge:

This proceeding involves a deficiency in income tax for the taxable year 1955 in the amount of $1,818.41.

The issues for decision are: (1) Whether petitioner is entitled to a net operating loss carryover to the taxable year 1955 resulting from the confiscation in 1953, and the nationalization in 1954, by the Yugoslav Government, of her interest in two parcels of real property; and (2) whether...

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