Opinion · United States Board of Tax Appeals
Appeal of Austin
Appeal of Austin, 1 B.T.A. 18 (B.T.A. 1924)
- Type
- Opinion
- Court
- United States Board of Tax Appeals
- Jurisdiction
- Federal
- Date
- 1924-10-18
- Topic
- general
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.
Citator
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- Cited by
- 4 opinions
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.