SCHMIDT v. COMMISSIONER

Docket No. 5824-67.

55 T.C. 335 (1970)

ETHEL M. SCHMIDT, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed November 24, 1970.


Attorney(s) appearing for the Case

D. Paul Alagia, Jr., and J. Bernard Brown, for the petitioner.

W. Gerald Thornton, for the respondent.


BRUCE, Judge:

Respondent determined a deficiency in the income tax of the petitioner for 1965 in the amount of $1,954.33. The only issue presented is whether petitioner is entitled to a capital loss deduction in 1965 on 812 shares of stock which she owned in the Highland Co.

FINDINGS OF FACT

Most of the facts have been stipulated and the stipulation, together with the exhibits attached thereto, is incorporated herein by this reference.

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases