ROOSEVELT v. COMMISSIONER

Docket No. 1580-62.

43 T.C. 77 (1964)

FRANKLIN D. ROOSEVELT, JR., AND SUZANNE P. ROOSEVELT, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed October 22, 1964.


Attorney(s) appearing for the Case

Clendon H. Lee, for the petitioners.

Warren S. Shine, for the respondent.


PIERCE, Judge:

The respondent determined a deficiency in the income tax of the petitioners for their taxable calendar year 1958, in the amount of $38,736.61. The portion of said deficiency here in controversy is approximately $12,647.

The sole issue is whether the sum of $18,615.21 which petitioner, Franklin D. Roosevelt, Jr., received during the taxable year as his share of certain box office proceeds from a stage play entitled "Sunrise at Campobello...

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