Category: United States Tax Court Opinions

MAHER v. COMMISSIONER OF INTERNAL REVENUE, 55 T.C. 441 (1970) RAY A. MAHER AND ROSE M. MAKER, PETITIONERS v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENT[fn*] RAY A. MAHER, TRANSFEREE, PETITIONER v.COMMISSIONER OF INTERNAL REVENUE, RESPONDENT[fn*] Docket Nos. 2916-67, 4667-69, 4668-69.United States Tax Court. Filed December 10, 1970. [fn*] Supplemental Opinion appears at 56 T.C. — (July 12, […]

ESTATE OF FUCHS v. COMMR. OF INTERNAL REVENUE, 47 T.C. 199 (1966) ESTATE OF BERT L. FUCHS, DECEASED, THE OMAHA NATIONAL BANK,CO-ADMINISTRATOR, PEARL J. FUCHS, CO-ADMINISTRATRIX, PETITIONER v.COMMISSIONER OF INTERNAL REVENUE, RESPONDENT Docket No. 558-65.United States Tax Court. Filed November 23, 1966. Held, insurance proceeds from an accidental death insurance policy not includable in decedent’s […]

H. FENDRICH, INC. v. COMMISSIONER OF INTERNAL REVENUE, 25 T.C. 262 (1955) H. FENDRICH, INC., PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. Docket No. 27290.United States Tax Court. Filed November 18, 1955. Petitioner filed excess profits tax returns for 1944 and 1945 computing the taxes by the invested capital method, and at the same time filed […]

OWENSBORO WAGON CO. v. COMMR. OF INTERNAL REVENUE, 18 T.C. 1107 (1952) OWENSBORO WAGON COMPANY, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. Docket No. 25835.United States Tax Court. Promulgated September 25, 1952. Prior to March 1, 1913, petitioner paid certain dividends of its common stock on common stock. Held, that the dividends are not includible in […]

BOARD v. COMMISSIONER OF INTERNAL REVENUE, 14 T.C. 322 (1950) WILLIAM H. BOARD, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. Docket No. 22111.United States Tax Court. Promulgated March 1, 1950. Transfer of property by petitioner to his wife and childrenheld of facts an unconditional gift subject to gift tax, notwithstanding donees’ subsequent reconveyance after advice to […]

SHANAHAN v. COMMISSIONER OF INTERNAL REVENUE, 63 T.C. 21 (1974) JAMES A. SHANAHAN AND CONSTANCE M. SHANAHAN, PETITIONERS v. COMMISSIONEROF INTERNAL REVENUE, RESPONDENT Docket No. 1090-73.United States Tax Court. Filed October 15, 1974. Petitioners’ home was damaged in 1971 by an earthquake. They received an unsecured loan from the Small Business Administration in 1971 and […]

BROWN v. COMMISSIONER OF INTERNAL REVENUE, 73 T.C. 156 (1979) GOLDIE O. BROWN, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT Docket No. 8592-77, 11685-77.[fn1]United States Tax Court. Filed October 24, 1979. [fn1] These cases have been consolidated for purposes of trial, briefing, and opinion. In order to provide a better education for her son in a […]

DIVINE v. COMMISSIONER OF INTERNAL REVENUE, 59 T.C. 152 (1972) HAROLD S. DIVINE AND RITA K. DIVINE, PETITIONERS v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENT Docket Nos. 5339-65, 6667-66.United States Tax Court. Filed October 25, 1972. The factual and legal issues in this case are virtually identical to those in Luckman v. Commissioner, 418 F.2d 381 (C.A. […]

REID v. COMMISSIONER OF INTERNAL REVENUE, 50 T.C. 33 (1968) EDWARD W. REID AND MARJORIE S. REID, ET AL.,[fn1] PETITIONER v.COMMISSIONER OF INTERNAL REVENUE, RESPONDENT Docket Nos. 3325-64, 3330-64-3337-64.United States Tax Court. Filed April 9, 1968. [fn1] Proceedings of the following petitioners are consolidated herewith: Gertrude S. Rovin, docket No. 3330-64; Mathilde A. Rovin, docket […]

ZENITH SPORTSWEAR CO. v. COMMR. OF INTERNAL REVENUE, 28 T.C. 455 (1957) ZENITH SPORTSWEAR CO. INC., PETITIONER, v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT. Docket No. 56288.United States Tax Court. Filed May 27, 1957. 1. At the beginning of the first taxable year in question, petitioner took over the business of a partnership then being conducted by […]