JERNIGAN v. COMMISSIONER

Docket No. 1005-66.

27 T.C.M. 95 (1968)

T.C. Memo. 1968-18

George Jernigan and Hattie Mae Jernigan v. Commissioner.

United States Tax Court.

Filed January 29, 1968.


Attorney(s) appearing for the Case

Lewis R. Donelson, III and Maurice Wexler, Suite 2020, First Nat'l Bank Bldg., Memphis, Tenn., for the petitioners. Charles G. Barnett, for the respondent.


Memorandum Opinion

TANNENWALD, Judge:

Respondent determined deficiencies in the Federal income tax of petitioners for the taxable years ending December 31, 1962 and December 31, 1963 in the respective amounts of $473.51 and $757.52. After certain concessions by the respondent, three issues remain for our consideration: (1) Whether petitioners can exclude from their 1962 and 1963 taxable income payments received as strike benefits from both the international...

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