Case Name: Wilson Marks, Petitioner, v. Commissioner of Internal Revenue, Respondent
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1927-04-06
Citations: 6 B.T.A. 729
Docket Number: Docket No. 7132
Parties: Wilson Marks, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Judges: Smith dissents.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 6
Pages: 729–730

Head Matter:
Wilson Marks, Petitioner, v. Commissioner of Internal Revenue, Respondent.
Docket No. 7132.
Promulgated April 6, 1927.
Wilson Marhs pro se.
Henry Bam&nel, Esq., for the respondent.

Opinion:
OPINION.
TRAMmell :
The petitioner kept no books of account. Ho reported his income for 1920 on the basis of cash receipts and disbursements which, in view of all the facts, is the correct method of reporting his income. See Appeal of John A. Brander, 3 B. T. A. 231. During 1920 he did not receive the amount of $10,847.10 which the respondent has added to his taxable income for that year. Pie received only the amount of $18,200.75 of the earnings for 1920.
From all the evidence, we are of the opinion that the gross income of the petitioner in 1920, on the basis of cash receipts and disbursements, was $18,200.75.
Judgment will be entered on 15 days' notice, under Bule 50.
Smith dissents.