LARUE v. COMMISSIONER

Docket No. 79209.

37 T.C. 39 (1961)

HERBERT M. LARUE AND JANE S. LARUE, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed October 16, 1961.


Attorney(s) appearing for the Case

Paul G. Perry, Esq., for the petitioners.

Charles A. Boyce, Esq., for the respondent.


BRUCE, Judge:

The respondent initially determined deficiencies in income tax for the calendar years 1954 and 1955 in the amounts of $957.33 and $401.46, respectively. By amended answer filed at the hearing the respondent claims an increased deficiency for the year 1954 in the amount of $797.67. The principal issue is whether an oral agreement between Herbert M. LaRue and Charles H. Girt was in the nature of a joint venture with a division of fees or amounted...

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