THUN v. COMMISSIONER

Docket No. 3808-74.

36 T.C.M. 1517 (1977)

T.C. Memo. 1977-372

John Thun v. Commissioner.

United States Tax Court.

Filed October 27, 1977.


Attorney(s) appearing for the Case

Joel H. Paget, P.O. Box 310, Puyallup, Wash., for the petitioner. Thomas N. Tomashek, for the respondent.


Memorandum Findings of Fact and Opinion

DAWSON, Judge:

Respondent determined a deficiency of $95,794.52 in petitioner's Federal income tax for the year 1970 and an addition to tax of $23,948.63 under Section 6651(e).1 Concessions have been made by the petitioner. The only issue remaining for decision is whether petitioner's stock in Bamco Machine, Inc. became worthless in 1970 so that he is entitled to a loss deduction under...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases