United States Tax Court April 15, 1960, Docket No. 71835 (Bonn v. Commissioner)

lead-opinion

Forrester, Judge:

Respondent has determined a deficiency in petitioner’s 1954 income tax in the amount of $415. The sole issue is whether the amount of $2,959.11 received by petitioner in 1954 from the Veterans’ Administration is excludible from income under section 117 of the Internal Revenue Code of 1954.1

FINDINGS OF FACT.

The stipulated facts are so found.