CLYMAN v. COMMISSIONER

Docket No. 4488-74.

36 T.C.M. 838 (1977)

T.C. Memo. 1977-200

Martin J. Clyman and Evelyn Clyman v. Commissioner.

United States Tax Court.

Filed June 29, 1977.


Attorney(s) appearing for the Case

Herbert Rubenfeld, 1 Merrick Ave., Westbury, N.Y., for the petitioners. David A. Schmudde and Walter C. Welsh, for the respondent.


Memorandum Opinion

TANNENWALD, Judge:

Respondent determined a $7,760.77 deficiency in petitioners' 1970 Federal income tax. By his amended answer to the petition filed herein, respondent now seeks an increased deficiency of $11,648.081 for such taxable year. Because of concessions by the petitioners, the only issue before us is whether a loss, sustained by petitioners in 1970, when a corporation which was indebted to petitioner...

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