TAYLOR v. COMMISSIONER

Docket No. 2634-78.

38 T.C.M. 1032 (1979)

T.C. Memo. 1979-261

Joseph W. Taylor and Rebecca J. Taylor v. Commissioner.

United States Tax Court.

Filed July 11, 1979.


Attorney(s) appearing for the Case

Burta Rhoads Raborn, 4615 Southwest Freeway, Houston, Tex., for the petitioners. M. Alice Gresham, for the respondent.


Memorandum Findings of Fact and Opinion

DAWSON, Judge:

Respondent determined deficiencies of $6,465.48 and $454 for the taxable years 1973 and 1974,1 respectively. The only issue for decision is the amount of a casualty loss suffered by petitioners in 1973.2

Findings of Fact

Some of the facts have been stipulated and are found accordingly.

Petitioners were legal residents...

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