Hague v. Commissioner
United States Board of Tax Appeals
Robert Lyons Hague and Mary Lewis Hague, husband and wife, filed a joint income tax return for 1936. Hague died in March 1939. The deficiency resulted from the inclusion as income of substantial unexplained deposits in two bank accounts belonging to Hague. Hague kept no books of account, his only records being check stubs, canceled checks, and bank statements. Separate petitions were filed by Mary Lewis Hague and by the estate of Robert Lyons Hague.
Read the full summary
Robert Lyons Hague and Mary Lewis Hague, husband and wife, filed a joint income tax return for 1936. Hague died in March 1939. The deficiency resulted from the inclusion as income of substantial unexplained deposits in two bank accounts belonging to Hague. Hague kept no books of account, his only records being check stubs, canceled checks, and bank statements. Separate petitions were filed by Mary Lewis Hague and by the estate of Robert Lyons Hague. No part of the sums reflected by the unexplained deposits in her husband's bank accounts belonged to Mary Lewis Hague. Held, that as to the…
1Opinion of the Court
*109OPINION.
Turner:
Respondent’s determination that Hague received taxable income in the amount of $343,192.61 not reported by him in his return was based on the discovery of large deposits in his bank accounts from unexplained sources. One argument by counsel for the estate seems to be that under the circumstances here, Hague now being dead, the respondent was not justified and had no authority to determine income on the basis of bank deposits and that his determination of the deficiency herein is entitled therefore to no presumption of correctness. There is ample authority for the respondent’s…
2Cases cited1 opinion
- Helvering v. TaylorSupreme Court of the United States · 1935
3Cited by67 opinions
- Estate of Mason v. CommissionerUnited States Tax Court · 1975
- Harper v. CommissionerUnited States Tax Court · 1970
- Rodney v. Comm'rUnited States Tax Court · 1969
- Sutherland v. CommissionerUnited States Tax Court · 1959
- Estate of Falese v. CommissionerUnited States Tax Court · 1972
62 more not listed; retrieve them via the Exa API.