Memorandum Opinion
FAY, Judge:
Respondent determined deficiencies in the income taxes of petitioners for the taxable years 1958 and 1959 in the amounts of $6,252.10 and $27,488.74, respectively. Petitioners assert that they overstated their taxable income in the years 1958 and 1959 in the respective amounts of $21,384.80 and $24,037.47, respectively.
The issues for decision are (1) whether petitioners may elect to report income received from the...
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.