T.C. Memo. 1999-260
UNITED STATES TAX COURT
LLOYD L. BARBER, JR. AND JANET M. BARBER, Petitioners v.
COMMISSIONER OF INTERNAL REVENUE, Respondent
Docket No. 7197-98. Filed August 4, 1999.
Lloyd L. Barber, Jr. and Janet M. Barber, pro sese.
Stephen Baker, for respondent.
MEMORANDUM FINDINGS OF FACT AND OPINION
JACOBS, Judge: Respondent determined a $2,422 deficiency in
petitioners' 1995 Federal income tax.
The issue for decision concerns petitioners' entitlement to a
deduction on their individual 1995 Federal tax return for claimed
losses incurred by Legal Search, Inc., all the stock of which is
Page: 1 2 3 4 5 6 7 Next
Last modified: May 25, 2011