Hunter Faulconer, Sr. And Mary T. Faulconer v. Commissioner of Internal Revenue

U.S. Court of Appeals, Fourth Circuit · Decided 1984-11-20

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WIDENER, Circuit Judge: Hunter and Mary Faulconer (taxpayers) appeal the judgment of the Tax Court, 1983 T.C.M. (P-H) ¶ 83,165, which disallowed certain tax deductions and credits attributable to their farming activity on the ground that this activity was not engaged in for profit. The Tax Court thus found deficiencies in income tax…

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