1. Home
  2. Browse Decisions
  3. T.C.
  4. 72 T.C.
  5. 72 T.C. 264 (1979)
 

ELWOOD v. COMMISSIONER

Docket No. 4172-76.

72 T.C. 264 (1979)

JESSE B. ELWOOD AND ROSE L. ELWOOD, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed April 30, 1979.

Attorney(s) appearing for the Case

Earl G. Stokes, for the petitioners.

Thomas F. Kelly, for the respondent.

OPINION

IRWIN, Judge:

The respondent determined a deficiency of $350 in petitioners' joint Federal income tax for the calendar year 1974.

Due to concessions, the only issue remaining for our decision is whether depreciation is an expense paid within the meaning of section 213.1

All of the facts have been stipulated. The stipulation of facts along with attached exhibits are incorporated herein by this reference...

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