Case Name: Appeal of C. D. WOODARD
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1925-09-07
Citations: 2 B.T.A. 432
Docket Number: Docket No. 1760
Parties: Appeal of C. D. WOODARD.
Judges: Before Ivins, Marquette, and MoRRis.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 2
Pages: 432–433

Head Matter:
Appeal of C. D. WOODARD.
Docket No. 1760.
Submitted June 1, 1925.
Decided September 7, 1925.
Morris D. Eopple, Esq., for the taxpayer.
Benjamin H. Saunders, Esq., for the Commissioner.
Before Ivins, Marquette, and MoRRis.

Opinion:
This is an appeal from the determination of a deficiency in income tax for the year 1920 in the amount of $619.29.
The facts are presented by the pleadings from which the Board makes the following
FINDINGS OF FACT.
The taxpayer's business address is Santa Rosa, N. Mex.
During the taxable year 1920 the taxpayer's entire income was derived from certain separate property, being a legal one-third life interest in the estate of his deceased first .wife.
The income of the said estate was derived through royalties from oil and gas properties which it held.
The Commissioner has refused to allow the taxpayer a deduction of $13,254.07, for depletion of his alleged interest in the above-described oil and gas properties.
DECISION.
The determination of the Commissioner is approved.
Arundell not participating.