KUHNEN v. COMMISSIONER

Docket No. 8018-78.

42 T.C.M. 1438 (1981)

T.C. Memo. 1981-600

John A. and Suzanne H. Kuhnen v. Commissioner.

United States Tax Court.

Filed October 19, 1981.


Attorney(s) appearing for the Case

Leland W. Hutchinson, Jr. and Mark W. Weisbard, for the petitioners. Leslie A. Klein, for the respondent.


Memorandum Findings of Fact and Opinion

DAWSON, Judge:

Respondent determined a deficiency of $8,121 in petitioners' Federal income tax for the year 1975.

The disposition of some issues has been agreed to by the parties. The two issues presented for decision are: (1) whether petitioner John A. Kuhnen has established a basis of $20,000 in his stock in the United States Insulation Co., Inc.; (2) whether the petitioner's loss on the stock, which became...

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