1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 40 T.C.M.
  5. 40 T.C.M. 267 (1980)
 

ELLIS v. COMMISSIONER

Docket No. 507-78.

40 T.C.M. 267 (1980)

T.C. Memo. 1980-145

Larry E. Ellis and Billie S. Ellis v. Commissioner.

United States Tax Court.

Filed April 28, 1980.

Attorney(s) appearing for the Case

H. Greely Joiner, Jr., P.O. Box 398, Dalton, Ga., for the petitioners. Roy L. Allison, for the respondent.

Memorandum Opinion

IRWIN, Judge:

Respondent determined a deficiency of $10,775 in petitioners' 1973 Federal income taxes. As a result of concessions by petitioners, the issue presented for our determination is whether under section 2151 petitioners are entitled to deduct an amount equal to the fair market value of a residence transferred from petitioner to his former spouse under the terms of a divorce decree. Additionally, we...

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