STINE v. COMMISSIONER

Docket No. 3682-74.

35 T.C.M. 1556 (1976)

T.C. Memo. 1976-339

Emory D. Stine and Estate of Violet R. Stine, Deceased, Emory D. Stine, Administrator v. Commissioner.

United States Tax Court.

Filed November 10, 1976.


Attorney(s) appearing for the Case

Emory D. Stine, pro se, R.D. #1, Harrisburg, Pa. Gerald V. May, Jr., for the respondent.


Memorandum Findings of Fact and Opinion

FEATHERSTON, Judge:

Respondent determined a deficiency of $2,460 in the Federal income tax for 1970 of petitioner Emory D. Stine and his wife, Violet R. Stine, who is now deceased.

The issues presented for our determination are:

1. What is the amount, if any, of the long-term capital gain realized by petitioners from an award received during 1970 on the condemnation in 1964 of a portion of their real...

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