Memorandum Findings of Fact and Opinion
SHIELDS, Judge:
Respondent determined a deficiency in the amount of $2,519 in petitioners' Federal income tax for 1972. The only issue for our decision is whether the income and deductions generated by the ownership and operation of Winona Apartments are attributable to petitioners individually or to Fortieth Corporation, their wholly-owned corporation.
Let's get started
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.