DeSMYTER v. COMMISSIONER

Docket No. 5765-71.

32 T.C.M. 402 (1973)

T.C. Memo. 1973-90

George C. DeSmyter v. Commissioner.

United States Tax Court.

Filed April 17, 1973.


Attorney(s) appearing for the Case

Thomas H. Bejin, 15721 E. Warren, Detroit, Mich., for the petitioner. Gary F. Walker, for the respondent.


Memorandum Findings of Fact and Opinion

FAY, Judge:

Respondent determined deficiencies in the income tax liability of petitioner for the taxable years 1966 and 1967, as follows:

  Year              Deficiency

  1966 ............ $2,625.33
  1967 ............  2,895.33

The issue is whether the petitioner is entitled to an ordinary deduction under section 215,1 Internal Revenue Code of 1954, for installment...

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