COX v. COMMISSIONER

Docket No. 13729-79.

42 T.C.M. 1749 (1981)

T.C. Memo. 1981-678

Robert Cox and Carolyn Cox v. Commissioner.

United States Tax Court.

Filed November 24, 1981.


Attorney(s) appearing for the Case

Carolyn Cox, pro se, Rogersville, Tenn. John L. Hopkins, for the respondent.


Memorandum Opinion

SCOTT, Judge:

Respondent determined a deficiency in petitioners' income tax for the calendar year 1976 in the amount of $2,424 and an addition to tax under section 6653(a)1 in the amount of $121.20. All of the issues raised by the pleadings have been disposed of by agreement of the parties except whether petitioners are entitled to a deduction of $18,354.36 because their wages were "paid in depreciated bank...

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