Memorandum Findings of Fact and Opinion
TIETJENS, Judge:
The respondent has determined a deficiency of $4,954.32 in petitioner's income tax for the calendar year 1944.
The only issue presented is whether respondent erred in determining that a loss in the amount of $12,197.29 sustained on the sale of certain real property constituted a long-term capital loss and not a loss from the sale of property other than a capital asset as claimed on the return...
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.