KING v. COMMISSIONER

Docket Nos. 4084-68-4097-68.

55 T.C. 677 (1971)

E. WARD KING AND MYRTLE C. KING, ET AL., PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed January 28, 1971.


Attorney(s) appearing for the Case

John Y. Merrell and F. Allan Kelly, for the petitioners.

Vallie C. Brooks, for the respondent.


STERRETT, Judge:

The respondent determined deficiencies in the Federal income taxes of petitioners in these consolidated case for the year 1963 as follows:

Docket No.                          Deficiency

4084-68 ------------------------   $130,945.51
4085-68 ------------------------    168,462.24
4086-68 ------------------------     17,455.78
4087-68 ------------------------     17,455.78
4088-68 ------------------------    ...

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