BELITSKY v. COMMISSIONER

Docket No. 28508-88.

62 T.C.M. 1307 (1991)

T.C. Memo. 1991-577

Andrew F. Belitsky, Jr. v. Commissioner.

United States Tax Court.

Filed November 26, 1991.


Attorney(s) appearing for the Case

Rex E. Sager, for the petitioner. Robert W. Kern, for the respondent.


Memorandum Findings of Fact and Opinion

RUWE, Judge:

Respondent determined a deficiency in petitioner's 1984 Federal income tax of $38,944.54. After concessions by the parties, the issues for decision are: (1) Whether petitioner is entitled to investment tax credit in 1984 with respect to tractors and trailers purchased in 1984; and (2) whether petitioner is entitled to section 1681 cost-recovery deductions taken in 1984 with...

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