Haimowitz v. Commissioner

1971 T.C. Memo. 241, 30 T.C.M. 1034, 1971 Tax Ct. Memo LEXIS 93
CourtUnited States Tax Court
DecidedSeptember 21, 1971
DocketDocket No. 3601-68.
StatusUnpublished

This text of 1971 T.C. Memo. 241 (Haimowitz v. Commissioner) is published on Counsel Stack Legal Research, covering United States Tax Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Haimowitz v. Commissioner, 1971 T.C. Memo. 241, 30 T.C.M. 1034, 1971 Tax Ct. Memo LEXIS 93 (tax 1971).

Opinion

Stanley Haimowitz v. Commissioner.
Haimowitz v. Commissioner
Docket No. 3601-68.
United States Tax Court
T.C. Memo 1971-241; 1971 Tax Ct. Memo LEXIS 93; 30 T.C.M. (CCH) 1034; T.C.M. (RIA) 71241;
September 21, 1971, filed.
O. John Rogge and Richard H. Rosenberg, 32Court, Brooklyn, N. Y., for the petitioner. Michael Phalin for the respondent. 1035

QUEALY

Memorandum Findings of Fact and Opinion

QUEALY, Judge: This case involves a deficiency in the Federal income tax of the petitioner for the taxable year 1964. The amount of the deficiency as set forth in the statutory notice is $77,626.43 in additional taxes and $3,881.32 in penalties asserted under section 6653(a). 1 At trial, the Court granted an oral motion to amend the pleadings. This amendment has the effect of increasing the amount of the deficiency involved beyond the amount specified in*94 the statutory notice. Our determination in this case relates to the deficiency which results from the granting of the amendment.

The issues presented for decision are:

(1) Whether petitioner was a partner with another individual in a gambling venture from which petitioner derived unreported gambling income.

(2) Whether petitioner is liable for penalties asserted under section 6653(a).

(3) Whether petitioner incurred gambling losses in the year 1964 in the amount of $9,724.

Findings of Fact

Some of the facts have been stipulated. The stipulation of facts and exhibits attached thereto are incorporated herein by this reference. 2

*95 Petitioner Stanley Haimowitz (hereinafter referred to as the "petitioner") filed his individual income tax return for the calendar year 1964 with the district director of internal revenue at Brooklyn, New York, using the cash receipts and disbursements method of reporting his income. During the year 1964 and at the time of the filing of the petition herein, petitioner resided in Brooklyn, New York with his parents.

Petitioner's father and mother were 73 and 70 years of age, respectively, in the year 1964. Neither of petitioner's parents, nor petitioner, was employed during the year 1964.

Melvin Murray Lichtman (hereinafter referred to as "Lichtman") was a friend of the petitioner during 1964, the year in question in this proceeding. Petitioner and Lichtman had lived "diagonally across" the street from one another. Lichtman was unemployed during the year in question.

In 1964, petitioner and Lichtman occasionally accompanied one another to horseracing tracks. On these occasions, they would not necessarily stay together at the races but would often meet after the races and go home together. During the period in question, both petitioner and Lichtman engaged in betting on the twin*96 double at the New York State racetracks.

During 1964, the twin double was a system of pari-mutuel betting authorized at certain New York State racertracks. The twin double was a wagering pool based on the results of the sixth, seventh, eighth, and ninth horse races run on a given day.

Eight horses were entered in each of these four races. A bettor purchased a $2 pari-mutuel ticket for the sixth and seventh races containing the numbers of the two horses he had selected as winners in those two races. If the bettor had correctly selected the winners of these two races, he would have had a "live" ticket in his possession at the conclusion of the seventh race. The bettor then returned to a parimutuel window and exchanged, without further cost, his "live" ticket for another ticket containing the numbers of the two horses he had selected as winners in the eighth and ninth races. Tickets for the eighth and ninth races could only be obtained in exchange for "live" tickets. If the bettor had correctly selected the winners of these two races, he would have had a winning twin double ticket in his possession at the conclusion of the ninth race.

In order to cash a winning twin double ticket,*97 it was necessary to present it at a verifier's window. The person presenting the winning ticket was required to present some form of acceptable personal identification and personally sign a form prepared by the verifier on the basis of the information so provided. A copy of this form was then given to the person presenting the winning ticket. The copy of this form and the winning ticket then had to be taken and presented to a cashier's window for actual payment in cash or by check.

Officials at the racertracks prepared Internal Revenue Service Forms 1099 based 1036 on the information obtained by the verifiers as to each person presenting winning twin double tickets. The originals of the Forms 1099 were sent to the Internal Revenue Service, and a copy was sent to the person who had signed the verifier's form.

Petitioner went to the racetrack (either Yonkers or Roosevelt Raceway in New York) approximately forty times in 1964 for the exclusive purpose of wagering on the twin doubles. Petitioner was successful in picking the first half of the twin double approximately ten times and for the remaining thirty times he purchased "live" twin double tickets from persons who would sell*98 those tickets at a premium rather than continue to play the twin double themselves.

Petitioner claimed that he invested $100 each night in the purchase of first-half twin double tickets. On those nights on which petitioner was not successful in his initial selections (approximately thirty times), petitioner claimed that he would invest an additional $200 in "live" twin double tickets.

Petitioner won a twin double on October 21, 1964 in the amount of $13,800.20. Petitioner also won a twin double on November 19, 1964 in the amount of $5,391.90.

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Related

Allen v. Commissioner of Internal Revenue
117 F.2d 364 (First Circuit, 1941)
JM Perry & Co. v. Commissioner of Internal Revenue
120 F.2d 123 (Ninth Circuit, 1941)
Niederkrome v. Commissioner
266 F.2d 238 (Ninth Circuit, 1958)

Cite This Page — Counsel Stack

Bluebook (online)
1971 T.C. Memo. 241, 30 T.C.M. 1034, 1971 Tax Ct. Memo LEXIS 93, Counsel Stack Legal Research, https://law.counselstack.com/opinion/haimowitz-v-commissioner-tax-1971.