WILSON v. COMMISSIONER

Docket No. 17468-80.

43 T.C.M. 699 (1982)

T.C. Memo. 1982-107

James A. Wilson v. Commissioner.

United States Tax Court.

Filed March 4, 1982.


Attorney(s) appearing for the Case

James E. Caldwell, Standard Oil Co., Chicago, Ill., for the petitioner. Victoria S. Crosley, for the respondent.


Memorandum Findings of Fact and Opinion

FAY, Judge:

Respondent determined a deficiency of $2,850.33 in petitioner's Federal income tax for 1977. After concessions, at issue is whether petitioner is entitled to a theft loss deduction for a necklace removed from his home and, if so, the amount of that deduction.

Findings of Fact

Some facts have been stipulated and are found accordingly.

Petitioner, James A. Wilson, was a resident...

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