United States Tax Court March 17, 1981, Docket No. 8322-79 (Newberry v. Commissioner)

Max G. Newberry and Tina F. Newberry, Petitioners v. Commissioner of Internal Revenue, Respondent Newberry v. Commissioner Docket No. 8322-79 United States Tax Court 76 T.C. 441; 1981 U.S. Tax Ct. LEXIS 160; March 17, 1981, Filed *160 Decision will be entered for the petitioners. During 1975, petitioners received business interruption proceeds under two insurance policies.