KITTLE v. COMMISSIONER OF INTERNAL REVENUE, 21 T.C. 79 (1953) OTIS A. KITTLE, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. Docket No. 35442.United States Tax Court. Promulgated October 19, 1953. 1. Petitioner held engaged in regularly carrying on a trade or business, and a net loss of $14,032.34 realized by him in the calendar year 1947 […]
Category: United States Tax Court Opinions
KANSAS CITY S. RY. CO. v. COMMR. OF INTERNAL REVENUE, 76 T.C. 1067 (1981)
KANSAS CITY S. RY. CO. v. COMMR. OF INTERNAL REVENUE, 76 T.C. 1067 (1981) THE KANSAS CITY SOUTHERN RAILWAY COMPANY, PETITIONER v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENTKANSAS CITY SOUTHERN INDUSTRIES, INC., PETITIONER v. COMMISSIONER OFINTERNAL REVENUE, RESPONDENT Nos. 971-72, 974-72, 4788-73.United States Tax Court. Filed June 30, 1981. ISSUE I. Carland Rentals: Petitioner claims that amounts […]
GULF OIL CORP. v. COMMISSIONER OF INTERNAL REVENUE, 84 T.C. 447 (1985)
GULF OIL CORP. v. COMMISSIONER OF INTERNAL REVENUE, 84 T.C. 447 (1985) GULF OIL CORPORATION, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. No. 22499-82.United States Tax Court. Filed March 18, 1985. P and wholly owned subsidiary K executed an assignment agreement transferring certain of P’s interests in five projects in the U.K. sector of the North […]
SYMONDS v. COMMISSIONER OF INTERNAL REVENUE, 2011-32 (T.C. 3-17-2011)
SYMONDS v. COMMISSIONER OF INTERNAL REVENUE, 2011-32 (T.C. 3-17-2011) SCOTT LYND SYMONDS, Petitioner v. COMMISSIONER OF INTERNAL REVENUE,Respondent No. 23963-09S.United States Tax Court. Filed March 17, 2011. [EDITOR’S NOTE: This case is unpublished as indicated by the issuing court.]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 […]
WESSEL v. COMMISSIONER OF INTERNAL REVENUE, 65 T.C. 273 (1975)
WESSEL v. COMMISSIONER OF INTERNAL REVENUE, 65 T.C. 273 (1975) THOMAS J. WESSEL AND JANE H. WESSEL, ET AL., PETITIONERS[fn1] v.COMMISSIONER OF INTERNAL REVENUE, RESPONDENT Docket Nos. 2778-75 — 2786-75.United States Tax Court. Filed November 10, 1975. [fn1] The cases of the following petitioners are consolidated herewith for purposes of this opinion: Hay Oil Company, […]
STEPHAN v. COMMISSIONER OF INTERNAL REVENUE, 16 T.C. 1157 (1951)
STEPHAN v. COMMISSIONER OF INTERNAL REVENUE, 16 T.C. 1157 (1951) CARL M. STEPHAN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT.EVELYN STEPHAN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. Docket Nos. 25668, 25669.United States Tax Court. Promulgated May 25, 1951. An amended declaration of estimated tax was timely filed 2 months before due date of income tax returns […]
GILLEN AND BONEY v. COMMISSIONER OF INTERNAL REVENUE, 27 T.C. 242 (1956)
GILLEN AND BONEY v. COMMISSIONER OF INTERNAL REVENUE, 27 T.C. 242 (1956) GILLEN AND BONEY, A CORPORATION, AND FRANK R. GILLEN, RUSSELL STOVER ANDLEM T. JONES, LIQUIDATING TRUSTEES OF SAID GILLEN AND BONEY, ACORPORATION, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. Docket No. 30908.United States Tax Court. Filed October 31, 1956. Section 722 (I. R. […]
ESTATE OF LAWTON v. COMMISSIONER OF INTERNAL REVENUE, 33 T.C. 47 (1959)
ESTATE OF LAWTON v. COMMISSIONER OF INTERNAL REVENUE, 33 T.C. 47 (1959) ESTATE OF JAMES M. LAWTON, DECEASED, HAYES F. LAWTON, EXECUTRIX, AND HAYESF. LAWTON, SURVIVING WIFE, PETITIONER, v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT.HAYES F. LAWTON, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE,RESPONDENT. Docket Nos. 68444, 68445.United States Tax Court. Filed October 19, 1959. Petitioner (James M. […]
WEST VIRGINIA STEEL CORP. v. COMMISSIONER, 34 T.C. 851 (1960)
WEST VIRGINIA STEEL CORP. v. COMMISSIONER, 34 T.C. 851 (1960) WEST VIRGINIA STEEL CORPORATION, PETITIONER, v. COMMISSIONER OF INTERNALREVENUE, RESPONDENT. Docket No. 61263.United States Tax Court. Filed August 15, 1960. Held: (1) Additions to a reserve for bad debts in 1951, 1952, and 1953 were in excess of the reasonable needs of petitioner’s business; (2) […]
O’DONNELL v. COMMISSIONER OF INTERNAL REVENUE, 62 T.C. 781 (1974)
O’DONNELL v. COMMISSIONER OF INTERNAL REVENUE, 62 T.C. 781 (1974) PATRICK L. O’DONNELL AND LADONA S. O’DONNELL, PETITIONERS v. COMMISSIONEROF INTERNAL REVENUE, RESPONDENT Docket No. 2924-73.United States Tax Court. Filed September 17, 1974. 1. Petitioner, an accountant, attended law school at night. In 1970, he received his law degree and was admitted to the bar. […]