1. Home
  2. Browse Decisions
  3. T.C.
  4. 74 T.C.
  5. 74 T.C. 1534 (1980)
 

BECK v. COMMISSIONER

Docket No. 6670-78.

74 T.C. 1534 (1980)

JOHN C. BECK AND KATHLEEN BECK, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed September 29, 1980.

Attorney(s) appearing for the Case

Alan R. Herson and Samuel A. Karlin, for the petitioners.

David P. Fuller, for the respondent.

NIMS, Judge:

Respondent determined a deficiency in petitioners' income taxes for the year 1974 of $29,067. The substantive issue remaining for our decision is whether deductions for loan points and prepaid interest claimed in 1974 by two limited partnerships, Moreno Co. Two and Riverside Two, are allowable under section 163(a).1 Should we find against respondent on this issue, we must decide:

(1) Whether deductions claimed...

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