WAGNER v. COMMISSIONER

Docket No. 2217-72.

33 T.C.M. 201 (1974)

T.C. Memo. 1974-42

I.J. and Ilene J. Wagner v. Commissioner.

United States Tax Court.

Filed February 19, 1974.


Attorney(s) appearing for the Case

J. Jay Bullock, 619 Kearns Bldg., Salt Lake City, Utah, for the petitioners. Craig D. Platz, for the respondent.


Memorandum Findings of Fact and Opinion

FAY, Judge:

Respondent determined deficiencies in petitioners' Federal income tax for the taxable years 1969 and 1970 in the respective amounts of $7,800.64 and $3,444.20. The only issues remaining for disposition by this Court pertain to whether petitioners are properly entitled to depreciation deductions for the years in issue with respect to depreciable property acquired in June 1969 by a partnership in which petitioner...

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