United States Tax Court October 22, 1963, Docket No. 47925. (Moberg v. Commissioner)

Vern H. Moberg and Reta N. Moberg v. Commissioner. Moberg v. Commissioner Docket No. 47925. United States Tax Court T.C. Memo 1963-288; 1963 Tax Ct. Memo LEXIS 59; 22 T.C.M. (CCH) 1483; T.C.M. (RIA) 63288; October 22, 1963 *59 Held, that the subfranchises which were sold during the taxable years by a partnership of which petitioner Vern H.