ISBELL v. COMMISSIONER

Docket No. 16201-80.

44 T.C.M. 1143 (1982)

T.C. Memo. 1982-534

Larry M. Isbell v. Commissioner.

United States Tax Court.

Filed September 16, 1982.


Attorney(s) appearing for the Case

L.G. von Schottenstein, 321 Bush St., San Francisco, Calif., for the petitioner. Claire Priestley-Cady, for the respondent.


Memorandum Findings of Fact and Opinion

FORRESTER, Judge:

Respondent has determined a deficiency of $7,462.50 in petitioner's income tax for the taxable year 1976. The issues for our decision are: (1) what was the fair market value, in 1976, of a ceramic jar produced in China during the Han dynasty, and donated by petitioner Larry M. Isbell during 1976 to public television station KQED in San Francisco; and (2...

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