McKIM v. COMMISSIONER

Docket No. 968-76.

40 T.C.M. 9 (1980)

T.C. Memo. 1980-93

Lawryn W. McKim and Judy Ann McKim v. Commissioner.

United States Tax Court.

Filed March 26, 1980.


Attorney(s) appearing for the Case

Lawryn W. McKim and Judy Ann McKim, pro se, Littleton, Colo. Marvin T. Scott, for the respondent.


Memorandum Findings of Fact and Opinion

IRWIN, Judge:

Respondent determined a deficiency of $1,679.12 in petitioners' income tax for the taxable year 1974.

The only issue presented for our consideration is whether petitioners received taxable income in 1974 as a result of the settlement of a lawsuit brought in the District Court of Arapahoe County, Colorado, by petitioner-husband against his former employer.

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