1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 36 T.C.M.
  5. 36 T.C.M. 174 (1977)
 

SANDERSON v. COMMISSIONER

Docket No. 1324-73.

36 T.C.M. 174 (1977)

T.C. Memo. 1977-40

Bruce A. Sanderson and Dorothy Sanderson v. Commissioner.

United States Tax Court.

Filed February 22, 1977.

Attorney(s) appearing for the Case

Ivan R. Wainer, for the petitioners. George W. McDonald, for the respondent.

Memorandum Findings of Fact and Opinion

RAUM, Judge:

The Commissioner determined deficiencies in petitioners' income taxes as follows:

  Taxable Year          Deficiency

     1968 ............... $48,102.39
     1969 ...............  22,125.00

At issue is whether petitioners are entitled to a deduction for intangible drilling and development costs by virtue of their participation in a "drilling program" conducted by the "Pelco...

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