1. Home
  2. Browse Decisions
  3. T.C.
  4. 44 T.C.
  5. 44 T.C. 501 (1965)
 

O'BARR v. COMMISSIONER

Docket No. 5454-63.

44 T.C. 501 (1965)

BENJAMIN A. O'BARR AND RUBY L. O'BARR, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed June 30, 1965.

Attorney(s) appearing for the Case

E. Gene Wade, for the petitioners.

Eugene H. Ciranni, for the respondent.

OPINION

MULRONEY, Judge:

Respondent determined deficiencies in petitioners' income taxes for the years 1961 and 1962 in the respective amounts of $431.19 and $275.13.

Petitioners received capital gain upon the sale of a portion of the 2-acre tract on which their dwelling house was located. The issue is whether the gain is to be recognized when they invested the proceeds of the sale in a new residence and moved into it within 18 months after...

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