CAMPBELL v. COMMISSIONER

Docket No. 2452-71.

31 T.C.M. 371 (1972)

T.C. Memo. 1972-94

Mark S. and Barbara S. Campbell v. Commissioner.

United States Tax Court.

Filed April 25, 1972.


Attorney(s) appearing for the Case

Mark S. Campbell and Barbara S. Campbell, pro se, 7426 Overdale Drive, Dallas, Texas. Douglas R. Fortney, for the respondent.


Memorandum Findings of Fact and Opinion

SCOTT, Judge:

Respondent determined a deficiency in petitioners' income tax for the calendar year 1968 in the amount of $1,529.40.

The only issue for decision is whether an indebtedness to petitioner Mark S. Campbell in the amount of $11,453.10 which became worthless in the taxable year 1968 was a business or nonbusiness bad debt.

Findings of Fact

Some of the facts have been stipulated and...

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