SNELL v. COMMISSIONER

Docket No. 5811-77.

38 T.C.M. 635 (1979)

T.C. Memo. 1979-141

Wade H. Snell, Jr., and Joan W. Snell v. Commissioner.

United States Tax Court.

Filed April 11, 1979.


Attorney(s) appearing for the Case

Wade H. Snell, Jr., pro se, 2355 Tioga Dr., Menlo Park, Calif. Vernon R. Balmes, for the respondent.


Memorandum Findings of Fact and Opinion

FAY, Judge:

Respondent determined a deficiency of $2,472.60 in petitioners' Federal income tax for 1973.

Concessions having been made, we must decide the extent to which, if any, petitioners are entitled to deduct certain fees and related expenses paid by Wade H. Snell, Jr., in connection with his becoming a member of Lloyd's of London.

Findings of Fact

Some of the facts have been stipulated...

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