CLAY v. COMMISSIONER

Docket No. 1006-64.

46 T.C. 505 (1966)

EDWARD P. CLAY AND MARY CLAY, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed July 21, 1966.


Attorney(s) appearing for the Case

S. Gordon Shreffler, for the petitioners.

Hugh C. McMahon, for the respondent.


OPINION

FORRESTER, Judge:

The respondent has determined deficiencies in the income tax of the petitioners for 1960 and 1961 in the amounts of $200.54 and $172.18, respectively. Certain matters have been compromised by the parties so that the sole issue remaining for our consideration is whether the sum of $405 paid during each of the years in issue by petitioner Edward P. Clay's employer (Leavenworth Motors, Inc., a corporation principally owned by...

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