SMITH v. COMMISSIONER

Docket No. 93703.

23 T.C.M. 1689 (1964)

T.C. Memo. 1964-278

George T. Smith and Clela V. Smith v. Commissioner.

United States Tax Court.

Filed October 22, 1964.


Attorney(s) appearing for the Case

Benjamin O. Schwendener, Jr., for the petitioners. Ronald S. Supena, for the respondent.


Memorandum Findings of Fact and Opinion

FISHER, Judge:

Respondent determined a deficiency in income tax of petitioners for the taxable year ended December 31, 1957, in the amount of $28,442.72.

Petitioners have conceded that they are not entitled to deductions for certain legal fees and unsubstantiated travel expenses in the total amount of $878.01.

The issues presented for our consideration are: (1) Whether the advances made by petitioner...

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