PAULSEN v. COMMISSIONER OF INTERNAL REVENUE, 78 T.C. 291 (1982) HAROLD T. AND MARIE B. PAULSEN, PETITIONERS v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT. No. 17549-79.United States Tax Court. Filed March 2, 1982. In 1976, petitioners exchanged “guaranty stock” in a State-chartered savings and loan association for savings accounts in a federally chartered mutual (nonstock) savings and […]
Category: United States Tax Court Opinions
MacRAE v. COMMISSIONER OF INTERNAL REVENUE, 34 T.C. 20 (1960)
MacRAE v. COMMISSIONER OF INTERNAL REVENUE, 34 T.C. 20 (1960) GORDON MacRAE AND SHEILA MacRAE, PETITIONERS, v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT.ALBERT GORDON MacRAE AND SHEILA MacRAE, PETITIONERS, v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENT. Docket Nos. 61091, 67789.United States Tax Court. Filed April 12, 1960. Held, on the facts, petitioners did not purchase various amounts of United […]
BRADY v. COMMISSIONER OF INTERNAL REVENUE, 2010-107 (T.C. 8-2-2010)
BRADY v. COMMISSIONER OF INTERNAL REVENUE, 2010-107 (T.C. 8-2-2010) LAURA A. BRADY, Petitioner v. COMMISSIONER OF INTERNAL REVENUE,Respondent No. 22969-08S.United States Tax Court. Filed August 2, 2010. [EDITOR’S NOTE: This case is unpublished as indicated by the issuing court.] SUMMARY OPINION PURSUANT TO INTERNAL REVENUE CODE SECTION 7463(b), THIS OPINIONMAY NOT BE TREATED AS PRECEDENT […]
MUTUAL LIFE ASSURANCE CO. v. COMMR. OF INTERNAL REV., 27 T.C. 543 (1956)
MUTUAL LIFE ASSURANCE CO. v. COMMR. OF INTERNAL REV., 27 T.C. 543 (1956) STATE MUTUAL LIFE ASSURANCE COMPANY OF WORCESTER, PETITIONER, v.COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. Docket No. 55484.United States Tax Court. Filed December 18, 1956. Held, petitioner, a mutual life insurance company, is not entitled to deduct as investment expenses the portions of the […]
BREWER-FAY INV. CO. v. COMMR. OF INTERNAL REVENUE, 39 T.C. 894 (1963)
BREWER-FAY INV. CO. v. COMMR. OF INTERNAL REVENUE, 39 T.C. 894 (1963) BREWER-FAY INVESTMENT COMPANY, PETITIONER, v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT.WEST SACRAMENTO ENTERPRISES, INC. (FORMERLY CALIFORNIA RICE DRYERS, INC.),PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. Docket Nos. 93149, 93150.United States Tax Court. Filed March 18, 1963. Petitioners owned rice storage warehouses located adjacent to a […]
REDWOOD EMPIRE S. L. ASSOC. v. COMMR., 68 T.C. 960 (1977)
REDWOOD EMPIRE S. L. ASSOC. v. COMMR., 68 T.C. 960 (1977) REDWOOD EMPIRE SAVINGS AND LOAN ASSOCIATION (FORMERLY MENDOCINO-LAKESAVINGS AND LOAN ASSOCIATION), PETITIONER v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT Docket No. 6628-75.United States Tax Court. Filed September 28, 1977. Held, a tract of undeveloped real estate located about 500 miles from the principal office of taxpayer, […]
STREET v. COMMISSIONER OF INTERNAL REVENUE, 29 T.C. 428 (1957)
STREET v. COMMISSIONER OF INTERNAL REVENUE, 29 T.C. 428 (1957) GEORGE M. STREET, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. Docket No. 62412.United States Tax Court. Filed December 9, 1957. Petitioner created six irrevocable trusts, without consideration, for the primary benefit of six minor grandchildren. The indenture for each trust provided that the income or principal, […]
STONE v. COMMISSIONER OF INTERNAL REVENUE, 22 T.C. 893 (1954)
STONE v. COMMISSIONER OF INTERNAL REVENUE, 22 T.C. 893 (1954) HYMAN B. STONE AND GOLDE STONE, PETITIONERS, v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT. Docket No. 36679.United States Tax Court. Filed July 14, 1954. Petitioners filed joint estimates of income but no return for 1943. Returns signed by the husband alone and naming both as taxpayers were […]
SANGERS HOME FOR CHRONIC PATIENTS v. COMMISSIONER, 72 T.C. 105 (1979)
SANGERS HOME FOR CHRONIC PATIENTS v. COMMISSIONER, 72 T.C. 105 (1979) SANGERS HOME FOR CHRONIC PATIENTS, INC., PETITIONER v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENTCHARLES EKBLOM AND ELIZABETH SANGER EKBLOM, PETITIONERS v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENT Docket Nos. 8984-74, 9110-74.United States Tax Court. Filed April 11, 1979. Held, petitioners are precluded by applying the doctrine of equitable […]
LARCHMONT FOUNDATION, INC. v. COMMISSIONER, 72 T.C. 131 (1979)
LARCHMONT FOUNDATION, INC. v. COMMISSIONER, 72 T.C. 131 (1979) LARCHMONT FOUNDATION, INC., AND PAUL R. STOUT, PETITIONERS v. COMMISSIONEROF INTERNAL REVENUE, RESPONDENT Docket No. 9860-75.United States Tax Court. Filed April 17, 1979. P was the president of F, a private foundation. The Commissioner determined that disbursements listed on F’s return for 1971 were taxable expenditures […]