Buck v. Commissioner
United States Board of Tax Appeals
1. The value of the community interest of a wife, a resident of California, is includable in the gross estate of her deceased husband. 2. The petitioners not having proved that the value of past due notes owned by the decedent at the date of death was less than the value fixed by the Commissioner, the Commissioner's determination of value is sustained. 3. A claim against an estate, resisted by the estate and finally adjusted without cost to the estate, is not a legal…
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1. The value of the community interest of a wife, a resident of California, is includable in the gross estate of her deceased husband. 2. The petitioners not having proved that the value of past due notes owned by the decedent at the date of death was less than the value fixed by the Commissioner, the Commissioner's determination of value is sustained. 3. A claim against an estate, resisted by the estate and finally adjusted without cost to the estate, is not a legal deduction from the gross estate. Where the probate court allows a claim based upon an enforceable liability of the decedent,…
1Opinion of the Court
MARY M. BUCK, JOHN A. BUCK, JR., AND WALTER E. BUCK, EXECUTORS, ESTATE OF JOHN A. BUCK, DECEASED, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Buck v. Commissioner
Docket Nos. 32584, 44153, 44684.
United States Board of Tax Appeals
25 B.T.A. 780; 1932 BTA LEXIS 1472;
March 4, 1932, Promulgated
1. The value of the community interest of a wife, a resident of California, is includable in the gross estate of her deceased husband.
2. The petitioners not having proved that the value of past due notes owned by the decedent at the date of death was less than the value fixed by the…
2Cases cited12 opinions
- United States v. RobbinsSupreme Court of the United States · 1926
- Minifie v. RowleyCalifornia Supreme Court · 1921
- Gardiner v. RoyerCalifornia Supreme Court · 1914
- Barron v. KennedyCalifornia Supreme Court · 1861
- Bank of San Luis Obispo v. Pacific Coast Steamship Co.California Supreme Court · 1894
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