1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 40 T.C.M.
  5. 40 T.C.M. 497 (1980)
 

SCHWARTZ v. COMMISSIONER

Docket No. 9278-76.

40 T.C.M. 497 (1980)

T.C. Memo. 1980-212

Michael J. and Morna R. Schwartz v. Commissioner.

United States Tax Court.

Filed June 23, 1980.

Attorney(s) appearing for the Case

Benjamin Alpert, 271 Madison Ave., New York, New York, Myles J. Sachs, and Gerald W. Keil, for the petitioners. Michael A. Mayhall, for the respondent.

Memorandum Findings of Fact and Opinion

WILES, Judge:

Respondent determined a deficiency of $23,811.46 in petitioners' 1966 Federal income taxes. After petitioners' concessions, the sole issue is whether payments made by two corporations partially discharging Federal income tax liabilities of Morna R. Schwartz for prior years are taxable to her as constructive dividends.

Findings of Fact

Some of the facts were stipulated and are found accordingly...

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