Skip to Main Content Skip to Header Menu Skip to Main Menu Skip to Category Menu Skip to Footer

ABBOTT & COSTELLO (LOU COSTELLO) - DOCUMENT SIGNED 01/31/1955 - HFSID 173146

IRS form listing tax deficiencies from 1950 and 1951, signed and dated by Costello in 1955. Both Costello and his partner Bud Abbott would wind up virtually broke over tax problems two years after this form was signed.

Sale Price $637.50

Reg. $850.00

Condition: fine condition
Chat now or call 800-425-5379

ABBOTT & COSTELLO: LOU COSTELLO
IRS form listing tax deficiencies from 1950 and 1951, signed and dated by Costello in 1955. Both Costello and his partner Bud Abbott would wind up virtually broke over tax problems two years after this form was signed.
Document signed: "Lou Costello/Pres./1/31/55", 1 page, 8x10½. 1948 tax form, with Cosman Productions embossing near left edge. Jan. 31, 1955. Carbon copy. Headed: "Offer of Waiver of Restriction on Assessment and Collection of Deficiency in Tax and of Acceptance of Overassessment". According to this document, Costello's production company Cosman Productions, Inc. had tax deficiencies of $4,337.99 for 1950 and $1,127.56 for 1951. Both Costello and his partner Bud Abbott would wind up virtually broke in 1957 over tax issues. Costello appeared in two films in 1955: Abbott and Costello Meet the Keystone Kops and Abbott and Costello Meet the Mummy. With partner Abbott, Costello (1906-1959) formed one of the greatest comedy teams in the history of show business. They mastered the straight man/clown relationship, creating a magical chemistry that took them from vaudeville and burlesque to radio, Broadway, film and television. The Abbott & Costello Show aired on radio on ABC from 1941-1946 and on NBC from 1946-1949. Abbott and Costello were also guest hosts of NBC's hour-long live variety show, The Colgate Comedy Hour seven times between 1951-1954. Their "Who's on First?" routine is enshrined in the National Baseball Hall of Fame. Abbott and Costello split up in 1957 after troubles with the Internal Revenue Service left both men broke. Lightly creased. Two binder holes at top. Staple holed on left edge. Carbon copy marks. Folded twice horizontally and unfolded. Otherwise, fine condition.

This website image may contain our company watermark. The actual item does not contain this watermark
See more listings from these signers
Make an offer today and get a quick response
Check your account for the status.

Following offer submission users will be contacted at their account email address within 48 hours. Our response will be to accept your offer, decline your offer or send you a final counteroffer. All offers can be viewed from within the "Document Offers" area of your HistoryForSale account. Please review the Make Offer Terms prior to making an offer.

If you have not received an offer acceptance or counter-offer email within 24-hours please check your spam/junk email folder.

 

World-Wide Shipping

Fast FedEx and USPS shipping

Authenticity Guarantee

COA with every purchase

All Questions Answered

Contact us day or night

Submit Offers

Get a quick response