MIRANDA v. COMMISSIONER

Docket Nos. 3995-71, 3997-71.

33 T.C.M. 438 (1974)

T.C. Memo. 1974-83

Nancy Miranda v. Commissioner. Frank Miranda v. Commissioner.

United States Tax Court.

Filed April 4, 1974.


Attorney(s) appearing for the Case

Arthur N. Nasser, 10 S. LaSalle St., Chicago, Ill., for the petitioners. James F. Hanley, Jr., for the respondent.


Memorandum Findings of Fact and Opinion

GOFFE, Judge:

The Commissioner determined deficiencies in Federal income tax against petitioners for the taxable years 1967 and 1968 in the amounts of $8,816.45 and $7,811.15, respectively. Petitioners filed separate petitions from the same statutory notice of deficiency and the cases were consolidated for trial, briefs and opinion. The sole question presented is whether funds illegally acquired by petitioners and...

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