Ketcham v. Commissioner

Board of Tax Appeals

Ketcham v. Commissioner

9 B.T.A. 1208, 1928 BTA LEXIS 4281

United States Board of Tax Appeals·Decided January 12, 1928·No. Docket No. 14531.·Published·Cited by 1 cases

Opinion

OPINION.

Milliken :

Under the facts as admitted in answer filed by respondent and as stipulated, we are of the opinion that the amount of $1,000 distributed by petitioner in the year 1920 to his employees as Christmas bonuses is a proper item of deduction as a business expense for that year. See First National Bank of Book Rapids v. Commissioner, 6 B. T. A. 816; Appeal of Edwin C. Brandenburg, Executor, 4 B. T. A. 108; and Appeal of Washington Hotel Co., 4 B. T. A. 441.

Judgment will be entered on 15 days’ notice, under Bule 50.

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OPINION.

Milliken :

Under the facts as admitted in answer filed by respondent and as stipulated, we are of the opinion that the amount of $1,000 distributed by petitioner in the year 1920 to his employees as Christmas bonuses is a proper item of deduction as a business expense for that year. See First National Bank of Book Rapids v. Commissioner, 6 B. T. A. 816; Appeal of Edwin C. Brandenburg, Executor, 4 B. T. A. 108; and Appeal of Washington Hotel Co., 4 B. T. A. 441.

Judgment will be entered on 15 days’ notice, under Bule 50.

Ketcham v. Commissioner, 9 B.T.A. 1208, 1928 BTA LEXIS 4281 (bta 1928).

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Opinion

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