MOYLAN v. COMMISSIONER

Docket No. 3436-66.

27 T.C.M. 84 (1968)

T.C. Memo. 1968-15

William V. and Jeannette Moylan v. Commissioner.

United States Tax Court.

Filed January 22, 1968.


Attorney(s) appearing for the Case

William V. Moylan, pro se, 31-44 86th St., Jackson Heights, N. Y. Jay S. Hamelburg, for the respondent.


Memorandum Findings of Fact and Opinion

DAWSON, Judge:

Respondent determined a deficiency of $776.85 in petitioners' income tax for the year 1963.

The issues for decision are: (1) Whether petitioners incurred in 1963 ordinary and necessary business expenses for travel and entertainment under the provisions of section 162, Internal Revenue Code of 1954;1 (2) whether petitioners held certain property as rental property...

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