FROST v. COMMISSIONER

Docket No. 6054-66.

52 T.C. 89 (1969)

PAUL L. FROST AND LOU FROST, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed April 17, 1969.


Attorney(s) appearing for the Case

Edward R. Smith and William Norton Baker, for the petitioners.

D. Ronald Morello, for the respondent.


OPINION

STERRETT, Judge:

Respondent determined deficiencies in income tax for the calendar years 1962, 1963, and 1964 in the amounts of $1,875.29, $1,573.56, and $1,518.87, respectively. The proceeding was submitted under Rule 30 of the Court's Rules of Practice.

The error assigned by petitioners for 1962 is as follows: "(a) The erroneous and illegal finding that petitioners realized taxable income from the payment by his employer of life...

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