Whitman v. Commissioner
United States Tax Court
Petitioner was employed as an attorney by a receiver in a liquidation proceeding from January 12, 1937, to June 25, 1942. On various occasions from 1937 to 1941, inclusive, the court having jurisdiction over the proceeding authorized and approved payments by the receiver to petitioner on account of fees for services rendered, in the total sum of $ 36,500. By order of June 25, 1942, the court authorized a final payment of $ 12,500. Held, the several payments were compensation…
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Petitioner was employed as an attorney by a receiver in a liquidation proceeding from January 12, 1937, to June 25, 1942. On various occasions from 1937 to 1941, inclusive, the court having jurisdiction over the proceeding authorized and approved payments by the receiver to petitioner on account of fees for services rendered, in the total sum of $ 36,500. By order of June 25, 1942, the court authorized a final payment of $ 12,500. Held, the several payments were compensation for professional services, constituting gross income to petitioner when received, and petitioner is not entitled to the…
1Opinion of the Court
Lloyd C. Whitman, Petitioner, v. Commissioner of Internal Revenue, Respondent
Whitman v. Commissioner
Docket No. 12006
United States Tax Court
10 T.C. 151; 1948 U.S. Tax Ct. LEXIS 281;
January 26, 1948, Promulgated
Decision will be entered under Rule 50.
Petitioner was employed as an attorney by a receiver in a liquidation proceeding from January 12, 1937, to June 25, 1942. On various occasions from 1937 to 1941, inclusive, the court having jurisdiction over the proceeding authorized and approved payments by the receiver to petitioner on account of fees for services rendered, in the total sum of $…
2Cases cited3 opinions
- North American Oil Consolidated v. BurnetSupreme Court of the United States · 1932
- Whitman v. CommissionerUnited States Tax Court · 1948
- People ex rel. Palmer v. Central Mutual InsuranceAppellate Court of Illinois · 1939