SOL JACOBS, JR. v. COMMISSIONER

Docket No. 3475-63.

45 T.C. 133 (1965)

SOL JACOBS, JR., TRANSFEREE, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed October 28, 1965.


Attorney(s) appearing for the Case

Sol Jacobs, Jr., pro se.

James D. Burroughs, for the respondent.


TANNENWALD, Judge:

Respondent determined a deficiency in petitioner's income tax as transferee of Credit, Inc., for the period of August 1, 1959, to February 9, 1960, in the amount of $2,375.12. Petitioner has conceded liability as transferee for any deficiency determined herein against Credit, Inc., and has further conceded liability of Credit, Inc., for so much of the deficiency as is not related to the issue involved herein. That issue is the deductibility...

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