Memorandum Opinion
JOHNSON, Judge:
Respondent has determined a deficiency in income tax for the calendar year 1945 in the amount of $14,730.34. Respondent in his notice of deficiency made several adjustments increasing petitioner's income. The only adjustment placed in issue by petitioner is the increase in net income in the amount of $8,331.25, resulting from respondent's holding that petitioner's gain from the sale of a futures contract was short-term...
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.