ANDREWS v. COMMISSIONER

Docket No. 2482-73.

35 T.C.M. 459 (1976)

T.C. Memo. 1976-106

Walter G. Andrews and Louise S. Andrews v. Commissioner.

United States Tax Court.

Filed April 5, 1976.


Attorney(s) appearing for the Case

Howard A. Hansen, 600 Degree of Honor Bldg., St. Paul, Minn., for the petitioners. Gerald W. Leland, for the respondent.


Memorandum Findings of Fact and Opinion

IRWIN, Judge:

Respondent has determined deficiencies in petitioners' Federal income tax for the calendar year 1969 in the amount of $2,781.68. Various concessions having been made, the only issue remaining for our resolution concerns the fair market value of 150 shares of stock of Holiday Realty, Inc., received by Walter G. Andrews in July 1966.

Findings of Fact...

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