United States Board of Tax Appeals March 25, 1925, Docket No. 1181. (Palmer v. Commissioner)

lead-opinion

DECISION.

The sum of $1,392 should be allowed as an expense incurred in connection with the trade or business of the taxpayer, as specifically provided in section 214 (a) (1) of the Revenue Act of 1921.

The deficiency should be computed in accordance with the above. Final decision will be settled on consent or on seven days’ notice in accordance with Rule 50.