PALOS v. COMMISSIONER

Docket No. 5871-98.

79 T.C.M. 1534 (2000)

T.C. Memo. 2000-56

Miguel Martin and Claudia P. Palos v. Commissioner.

United States Tax Court.

Filed February 22, 2000.


Attorney(s) appearing for the Case

Miguel Martin and Claudia P. Palos, pro sese. Linette B. Angelastro, for the respondent.


MEMORANDUM FINDINGS OF FACT AND OPINION

GERBER, Judge:

Respondent determined a $20,244 deficiency in petitioners' 1994 income tax. After concessions by petitioners, the issue remaining for our consideration is whether petitioners are entitled to a casualty loss for earthquake damage caused to a residence owned by them.

FINDINGS OF FACT

Petitioners resided at Monrovia, California, at the time their petition was filed. Petitioners, from 1989...

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