|Rank||Private First Class U.S. Army|
|Date of Death||August 16 1950|
Korean Service Medal
National Defense Service Medal
Republic of Korea Presidential Unit Citation
Republic of Korea War Service Medal
United Nations Service Medal
Combat Infantryman Badge
Private First Class Wallace was awarded the Combat Infantryman Badge, the Korean Service Medal, the United Nations Service Medal, the National Defense Service Medal, the Korean Presidential Unit Citation and the Republic of Korea War Service Medal.
Private First Class Wallace was a member of Company C, 1st Battalion, 23rd Infantry Regiment, 2nd Infantry Division. He died of other causes on May 8, 1951 near Changyong, Korea.