PRIDGEN v. COMMISSIONER

Docket No. 2913-67.

28 T.C.M. 717 (1969)

T.C. Memo. 1969-138

Lester C. Pridgen and Marjorie H. Pridgen v. Commissioner.

United States Tax Court.

Filed June 30, 1969.


Attorney(s) appearing for the Case

Lester C. Pridgen, pro se, 55 W. 55th St., New York, N. Y. Richard J. Mandell, for the respondent.


Memorandum Findings of Fact and Opinion

STERRETT, Judge:

The respondent determined deficiencies in the income taxes of the petitioners for the calendar years 1963 and 1964 in the respective amounts of $1,684.49 and $904.82.

The respondent has conceded that the petitioners are entitled to capital losses in the amount of $1,000 for each of the taxable years 1963 and 1964 with respect to losses sustained by petitioners as a result of the bankruptcy...

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