WALTON v. COMMISSIONER

Docket No. 80362.

20 T.C.M. 653 (1961)

T.C. Memo. 1961-130

Ralph Walton and Bonnie Jo Walton v. Commissioner.

United States Tax Court.

Filed May 12, 1961.


Attorney(s) appearing for the Case

F. Wilson Chockley, Jr., Esq., for the petitioners. J. P. Graham, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

MULRONEY, Judge:

The respondent determined a deficiency of $240.74 in petitioners' income tax for the taxable year 1956. In that year petitioners sustained a casualty loss occasioned by the destruction of five trees on their residential property. The sole question before us is the amount of the loss.

Findings of Fact

Some of the facts have been stipulated. They are found accordingly.

Petitioners...

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