1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 50 T.C.M.
  5. 50 T.C.M. 632 (1985)
 

FLACCO v. COMMISSIONER

Docket No. 5661-83.

50 T.C.M. 632 (1985)

T.C. Memo. 1985-393

Richard M. Flacco and Arlene Flacco v. Commissioner.

United States Tax Court.

Filed August 6, 1985.

Attorney(s) appearing for the Case

Dwayne I. Morrison, 139 S. Cherry St., Galesburg, Ill., for the petitioners. Rosabel I. Seigan, for the respondent.

Memorandum Findings of Fact and Opinion

NIMS, Judge:

Respondent determined deficiencies in petitioners' Federal income tax return as follows:

Year               Deficiency

1978 ............. $6,055.36
1979 .............  9,042.17

The issue for decision is whether petitioners are taxable on interest paid pursuant to an "Agreement for Warranty Deed" which petitioners had previously transferred...

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