1. Home
  2. Browse Decisions
  3. T.C.
  4. 38 T.C.
  5. 38 T.C. 215 (1962)
 

ALDERSON v. COMMISSIONER

Docket No. 88988.

38 T.C. 215 (1962)

JAMES ALDERSON, SURVIVING HUSBAND, AND ESTATE OF CLARISSA E. ALDERSON, DECEASED, JAMES ALDERSON, EXECUTOR, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed May 7, 1962.

Attorney(s) appearing for the Case

Paul Frederic Marx, Esq., and Ernest J. Zack, Esq., for the petitioners.

Paul G. Wilson, Jr., Esq., for the respondent.

BRUCE, Judge:

Respondent determined a deficiency in income tax for the taxable year 1957 in the amount of $39,530.58.

Certain adjustments made by respondent are not contested.

The sole question for our determination is whether the transactions by which petitioners disposed of their title to certain realty, located in Orange County, California, and acquired title to certain other realty, located in Salinas, California, constituted a nontaxable...

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