AINSWORTH v. COMMISSIONER

Docket No. 17313-82.

54 T.C.M. 122 (1987)

T.C. Memo. 1987-398

Walter Ainsworth v. Commissioner.

United States Tax Court.

Filed August 11, 1987.


Attorney(s) appearing for the Case

Joe K. Gordon, for the petitioner. Helen T. Repsis, for the respondent.


Memorandum Findings of Fact and Opinion

SCOTT, Judge:

Respondent determined a deficiency of $40,424 in petitioner's Federal income tax for taxable year 1978. Some of the issues raised by the pleadings have been disposed of by agreement of the parties leaving for decision the amount, if any, of net operating loss carrybacks from the taxable years 1979 and 1980 to the taxable year 1978. The specific issues with respect to the amount, if any, of the loss carrybacks...

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