COLLINS v. COMMISSIONER

Docket No. 299-66.

48 T.C. 45 (1967)

CHARLES A. COLLINS, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed April 20, 1967.


Attorney(s) appearing for the Case

Charles A. McGeary, for the petitioner.

Albert Squire, for the respondent.


OPINION

TIETJENS, Judge:

The Commissioner determined a deficiency in petitioner's income tax for 1962 in the amount of $32,897.16. The only issue for adjudication is whether the petitioner is entitled to report long-term capital gain on the sale of real estate on the installment method.

All of the facts have been stipulated and are hereby found accordingly.

Charles A. Collins is an individual who resides at 365 Camden Avenue, Moorestown...

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