CRAWFORD v. COMMISSIONER

Docket No. 71973.

20 T.C.M. 740 (1961)

T.C. Memo. 1961-148

Joan Crawford v. Commissioner.

United States Tax Court.

Filed May 24, 1961.


Attorney(s) appearing for the Case

J. Everett Blum, Esq., 139 S. Beverly Dr., Beverly Hills, Calif., for the petitioner. Karl M. Samuelian, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

TURNER, Judge:

The respondent has determined a deficiency in income tax against the petitioner for the taxable year 1953 in the amount of $30,561.60. The only question to be decided is whether petitioner sustained a deductible loss in 1953 of her investment in an unpublished story.

Findings of Fact

Some of the facts have been stipulated and are found as stipulated.

Petitioner is a resident...

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