1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 46 T.C.M.
  5. 46 T.C.M. 192 (1983)
 

THOMSON v. COMMISSIONER

Docket No. 3278-80.

46 T.C.M. 192 (1983)

T.C. Memo. 1983-279

Kenneth G. and Joan T. Thomson v. Commissioner.

United States Tax Court.

Filed May 19, 1983.

Attorney(s) appearing for the Case

Ronald T. Murphy, 5001 South Florida Ave., Lakeland, Fla., for the petitioners. William R. McCants, for the respondent.

Memorandum Findings of Fact and Opinion

SIMPSON, Judge:

The Commissioner determined a deficiency of $13,395.50 in the petitioners' income tax for 1974. The issue for decision is whether the petitioners had any basis in their stock in an electing small business corporation so that they could deduct their portion of a loss sustained by such corporation.

Findings of Fact

Some of the facts have...

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