RICHARDSON v. COMMISSIONER

Docket No. 1210-68.

28 T.C.M. 632 (1969)

T.C. Memo. 1969-121

D. E. Richardson and J. Ruth Richardson v. Commissioner.

United States Tax Court.

Filed June 17, 1969.


Attorney(s) appearing for the Case

Edward G. Lavery, for the respondent.


Memorandum Findings of Fact and Opinion

FAY, Judge:

Respondent determined a deficiency of $707.08 in petitioners' income tax for the taxable year 1965.

The issue is whether petitioners are entitled to a business loss deduction of $4,200.

Findings of Fact

D. E. Richardson and J. Ruth Richardson are husband and wife. They filed a Federal joint income tax return for the taxable year 1965 with the district director of internal revenue...

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