RATLIFF v. COMMISSIONER

Docket No. 12126.

6 T.C.M. 1103 (1947)

Martha B. Ratliff v. Commissioner.

United States Tax Court.

Entered October 13, 1947.


Attorney(s) appearing for the Case

Frank E. Wood, Jr., Esq., Frank E. Wood, Esq., and Robert S. Marx, Esq., 900 Traction Bldg., Cincinnati, Ohio, for the petitioner. A. J. Friedman, Esq., for the respondent.


Memorandum Findings of Fact and Opinion

The Commissioner has determined a deficiency in petitioner's income tax for the year, 1943 of $8,453.03. This deficiency is due to one adjustment made to the net income of $71,866.37 disclosed by the return of petitioner filed for the taxable year. That adjustment was the disallowance of a loss of $10,505.80 claimed by petitioner as a deduction on her income tax return. The Commissioner explained the adjustment in his deficiency...

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