Drexler v. Commissioner
United States Board of Tax Appeals
1. Income from property of a revocable trust held taxable to the grantor under section 219(g) of the Revenue Act of 1926, notwithstanding the fact that such income was distributable to charitable organizations. 2. Certain residence property owned by petitioner was used by relatives during the taxable years without payment of rent therefor. Held, that the respondent correctly disallowed deductions for repairs, insurance and depreciation in respect of such property.
1Opinion of the Court
ELSIE A. DREXLER, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Drexler v. Commissioner
Docket Nos. 31772, 41818.
United States Board of Tax Appeals
25 B.T.A. 79; 1932 BTA LEXIS 1579;
January 7, 1932, Promulgated
1. Income from property of a revocable trust held taxable to the grantor under section 219(g) of the Revenue Act of 1926, notwithstanding the fact that such income was distributable to charitable organizations.
2. Certain residence property owned by petitioner was used by relatives during the taxable years without payment of rent therefor. Held, that the respondent correctly…
2Cases cited1 opinion
- Drexler v. CommissionerUnited States Board of Tax Appeals · 1932