1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 50 T.C.M.
  5. 50 T.C.M. 1314 (1985)
 

FAULKNER v. COMMISSIONER

Docket No. 10487-84.

50 T.C.M. 1314 (1985)

T.C. Memo. 1985-536

Patrick H. Faulkner and Joyce A. Faulkner v. Commissioner.

United States Tax Court.

Filed October 21, 1985.

Attorney(s) appearing for the Case

Neil J. Driscoll, for the petitioners. Donna F. Herbert, for the respondent.

Memorandum Findings of Fact and Opinion

FEATHERSTON, Judge:

Respondent determined a deficiency in the amount of $3,042.03 and additions to tax under section 6653(a)1 in the amount of $152.10 in petitioners'2 Federal income tax for 1980. The issues for decision are:3

1. Whether petitioner's horse-breeding activity constituted an "activity not engaged in for profit...

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