1. Home
  2. Browse Decisions
  3. T.C.
  4. 55 T.C.
  5. 55 T.C. 1055 (1971)
 

SKOLNIK v. COMMISSIONER

Docket No. 304-68.

55 T.C. 1055 (1971)

EMANUEL M. SKOLNIK AND HELEN R. SKOLNIK, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed March 24, 1971.

Attorney(s) appearing for the Case

Karl Schelly, for the petitioners.

James F. Kennedy, for the respondent.

IRWIN, Judge:

The Commissioner determined a deficiency in petitioners' income tax for the calendar year 1963 in the amount of $5,389.04. Since petitioners conceded certain other issues, the only issue for our determination is whether petitioners are entitled to a deduction of $7,700 under section 165 of the Internal Revenue Code of 19541 as a loss arising from theft.

FINDINGS OF...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases