The respondent determined deficiencies in the income tax of petitioners in the amount of $1,395.73 for the calendar year 1944 and $1,539.79 for the calendar year 1945.
The questions presented are: (1) Are the petitioners entitled to deductions for losses or bad debts in the amount of $5,250 for 1944 and $5.200 for 1945, and (2) are the petitioners entitled to the full credit of $1,174.30, for income tax withheld, in calculating the amount of the deficiency for 1945...
Let's get started
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.