ROBERT K. v. COMMISSIONER

Dkt. No. 3189-06.

94 T.C.M. 523 (2007)

T.C. Memo. 2007-359

Robert K. and Cheryl Hardwick v. Commissioner.

United States Tax Court.

December 5, 2007.


Attorney(s) appearing for the Case

Mark E. Hoffman, for petitioners.

Horace Crump, for respondent.


MEMORANDUM FINDINGS OF FACT AND OPINION

WHERRY, Judge:

This case is before the Court on a petition for a redetermination of a deficiency. After concessions by petitioners,1 the issue for decision is whether petitioners are entitled to deduct gambling losses in excess of the $170,215 that respondent allowed for their 2002 taxable year.2

FINDINGS OF FACT

Some of the facts have been...

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