Estate of Kincaid v. Commissioner

ESTATE OF NELLE W. KINCAID, DECEASED, JANE K. JOHNSON and JOAN D. KINCAID, CO-EXECUTRICES, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Estate of Kincaid v. Commissioner

Docket No. 14706-82.

United States Tax Court

T.C. Memo 1986-543; 1986 Tax Ct. Memo LEXIS 61; 52 T.C.M. (CCH) 1003; T.C.M. (RIA) 86543;

November 12, 1986.

Paul E. Sullivan,James Park, Jr.,C. Christopher Trower and Scott W. Dolson, for the petitioner.

Andrew W. Winkler, for the respondent.

COHEN

MEMORANDUM FINDINGS OF FACT AND OPINION

COHEN, Judge: Respondent determined deficiencies of $106,882.83 and $18,431.14 in Nelle W.…