The respondent determined deficiencies of $9,275.10 and $38,921.70 in the income tax of the estate of Andrew J. Igoe, deceased, for the years ended May 31, 1940, and May 31, 1941, respectively.
The sole issue is whether or not the petitioners are entitled to deduct from the net income of the estate amounts credited to beneficiaries on its books, as income to be distributed currently or as properly paid or credited to them, pursuant to the provisions of subsections...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.