MILLSAPS v. COMMISSIONER

Docket No. 1771-72.

32 T.C.M. 694 (1973)

T.C. Memo. 1973-146

W.W. Millsaps and Lucille Millsaps v. Commissioner.

United States Tax Court.

Filed July 2, 1973.


Attorney(s) appearing for the Case

Ben Ferrell Mitchel, P.O. Box 700, Cleveland, Mississippi, for the petitioners. Richard J. Neubauer, for the respondent.


Memorandum Findings of Fact and Opinion

DAWSON, Judge:

Respondent determined a deficiency of $5,614.25 in petitioners' Federal income tax for the taxable year 1967.

Petitioners have conceded two adjustments to income made by the respondent for cotton sales ($139.50) and interest expense ($385.30). They have offered no evidence with respect to an increase of $504.38 in rental income for 1967. The only issue presented for our decision is whether the...

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