T.C. Memo. 1997-379
UNITED STATES TAX COURT
NATHAN BOATNER, Petitioner v.
COMMISSIONER OF INTERNAL REVENUE, Respondent
Docket No. 15742-95. Filed August 20, 1997.
Nathan Boatner, pro se.
Jason M. Silver, for respondent.
MEMORANDUM FINDINGS OF FACT AND OPINION
VASQUEZ, Judge: Respondent determined a $14,625 deficiency
in petitioner's 1992 Federal income tax. After concessions,1 the
issues for decision are: (1) Whether petitioner was entitled to
a business bad debt deduction in 1992 for amounts he advanced to
1 The parties stipulated that if the Court determines that
petitioner is entitled to a bad debt expense or ordinary loss for
1992, the maximum amount allowable is $42,436.88.
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