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United States Board of Tax Appeals, 1924

Austin v. Commissioner

Austin v. Commissioner
United States Board of Tax Appeals · Decided October 18, 1924 · Marqtxette, Ivins, Korneh
1 B.T.A. 18; 1924 BTA LEXIS 277
Austin v. Commissioner

Opinion

Appeal of WILBERT J. AUSTIN.
Austin v. Commissioner
Docket No. 82.
United States Board of Tax Appeals
1 B.T.A. 18; 1924 BTA LEXIS 277;
October 18, 1924, decided Submitted October 15, 1924.

*277 Deficiency to be determined in accordance with stipulation.

No appearance for the taxpayer.
Robert A. Littleton, Esq. (Nelson T. Hartson, Solicitor of Internal Revenue) for the Commissioner.

*19 Before IVINS, KORNER, and MARQUETTE.

DECISION.

The taxpayer and the Commissioner having agreed that the item of $12,740.03, claimed as a deduction for loss on sale of stocks and bonds in the taxpayer's 1920 income tax return, should be disallowed to the extent of $1,131.90, the deficiency should be computed accordingly.

Final decision of this Board will be settled on consent or on seven days' notice by either party.

Case-law data current through December 31, 2025. Source: CourtListener bulk data.