1. Home
  2. Browse Decisions
  3. T.C.
  4. 50 T.C.
  5. 50 T.C. 702 (1968)
 

ESTATE OF NOEL v. COMMISSIONER

Docket No. 645-66.

50 T.C. 702 (1968)

ESTATE OF MARSHAL L. NOEL, RUTH M. NOEL, EXECUTRIX, AND WILLIAM H. FRANTZ, EXECUTOR, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed July 31, 1968.

Attorney(s) appearing for the Case

Edward F. Merrey, Jr., for the petitioners.

Julius M. Jacobs, for the respondent.

DRENNEN, Judge:

Respondent determined a deficiency in petitioner's income tax for 1957 in the amount of $9,720.63. The issue is whether petitioner realized income in respect of a decedent in 1957 within the meaning of section 691, I.R.C. 1954,1 when certain debentures owned by decedent were used by the estate to satisfy an outstanding debt of the decedent.

FINDINGS OF FACT

...

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