PETERSEN v. COMMISSIONER

Docket No. 60230.

38 T.C. 137 (1962)

WALTER PETERSEN AND ELSIE C. PETERSEN, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed April 25, 1962.


Attorney(s) appearing for the Case

Donald R. Ross, Esq., and Orin Contryman, CPA, for the petitioners.

Ivan L. Onnen, Esq., for the respondent.


ATKINS, Judge:

The respondent determined a deficiency in income tax for the taxable year 1952 in the amount of $29,215.89, and by amendment to his answer asserted a claim for an increase of $4,630.64 in the deficiency. The petitioner alleged an overpayment of the tax by the amount of $16,407.97.

The principal question presented is whether, as determined by the respondent, the amount of an award by the Motor Carrier Claims Commission received by the...

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