DANKOS v. COMMISSIONER

Docket No. 23041-84.

52 T.C.M. 722 (1986)

T.C. Memo. 1986-498

John G. and Theresa A. Dankos v. Commissioner.

United States Tax Court.

Filed September 30, 1986.


Attorney(s) appearing for the Case

Herman C. Daniel, for the petitioners. T. Keith Fogg, for the respondent.


Memorandum Findings of Fact and Opinion

DRENNEN, Judge:

Respondent determined a deficiency in petitioners' Federal income tax for the taxable year 1979 in the amount of $56,627.42.

After concessions1 by petitioners, the issues remaining for our decision are: (1) whether petitioners are entitled to a deduction for a demolition loss; (2) whether petitioners are allowed a deduction for component depreciation; and (3) whether...

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