1. Home
  2. Browse Decisions
  3. T.C.
  4. 36 T.C.
  5. 36 T.C. 154 (1961)
 

BEEGHLY v. COMMISSIONER

Docket No. 73163.

36 T.C. 154 (1961)

L. A. BEEGHLY AND MABEL L. BEEGHLY, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed April 24, 1961.

Attorney(s) appearing for the Case

James E. Mitchell, Esq., for the petitioners.

Frank W. Hardy, Esq., for the respondent.

OPINION.

MURDOCK, Judge:

The Commissioner determined a deficiency in income tax of the petitioners of $2,185.74 for 1953 and one of $2,864.15 for 1954. The only assignment of error is as follows:

The Commissioner erred in holding that the proceeds of the settlement with petitioners made by the Turnpike Commission on March 14, 1953, should be allocated entirely to capital gain; and in refusing to apportion...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases