[DOWNLOAD] "Faulconer v. Commissioner of Internal Revenue" by United States Court of Appeals for the Fourth Circuit " Book PDF Kindle ePub Free

eBook details

Title: Faulconer v. Commissioner of Internal Revenue
Author : United States Court of Appeals for the Fourth Circuit
Release Date : January 20, 1984
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 79 KB

Description

Before WIDENER and HALL, Circuit Judges, and HAYNSWORTH, Senior Circuit Judge WIDENER, Circuit Judge: Hunter and Mary Faulconer (taxpayers) appeal the judgment of the Tax Court, 1983 T.C.M. (P-H) P83,165, which disallowed certain tax deductions and credits attributable to their farming activity on the ground that this activity was not engaged in for profit. The Tax Court thus found deficiencies in income taxes due from the taxpayers in the aggregate amount of $60,635.49 for the years 1970, 1972, 1973, and 1975. We reverse.