VON-LUSK v. COMMISSIONER

Docket No. 4271-93.

104 T.C. 207 (1995)

VON-LUSK, A CALIFORNIA LIMITED PARTNERSHIP, THE LUSK COMPANY, TAX MATTERS PARTNER, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed February 2, 1995.


Attorney(s) appearing for the Case

Milton E. Bracken (an officer), for petitioner.

Susan C. Hergenhan and Roy Wulf, for respondent.


OPINION

RAUM, Judge:

This case involves the Commissioner's determination that certain expenses deducted in Von-Lusk's returns for 1988, 1989, and 1990, were not deductible but instead were to be capitalized under section 263A.1

Von-Lusk (also referred to as the partnership) is a California limited partnership. Petitioner, the Lusk Co., is an S corporation and was the tax matters partner of Von-Lusk for 1988, 1989...

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