FORRESTER, Judge: In these consolidated cases respondent has determined the following deficiencies in petitioners’ Federal income taxes: [[Image here]] Because of concessions, the only issue remaining for our decision is whether the petitioners are entitled under section 165(e) 1 to claim deductions…
Read the full opinion (source) ↗
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Citation figures are counts of later citing opinions in our corpus and may be incomplete; always read and Shepardize the full opinion before relying on it.