1. Home
  2. Browse Decisions
  3. T.C.
  4. 3 T.C.
  5. 3 T.C. 308 (1944)
 

FAWCETT v. COMMISSIONER

Docket No. 118.

3 T.C. 308 (1944)

LEWIS L. FAWCETT, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated February 21, 1944.

OPINION.

MURDOCK, Judge:

The Commissioner determined a deficiency of $1,366.98 in the petitioner's income tax for 1940. The petitioner assigns as error the disallowance of a deduction claimed on his return for long term capital losses sustained by him on two sales of property to his brother. The allowability of such deduction is the only question at issue. The proceeding has been submitted on stipulated facts...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases