Budd v. Commissioner
United States Tax Court
Held, under facts, separation agreement executed by petitioner and his wife, providing for alimony and support of minor child in contemplation of divorce and confirmed by state court in subsequent divorce action, fixed periodic payments in terms of an amount of $ 200 per month as a sum payable for support of petitioner's minor child, and when said agreement is construed, as it must be, as a whole, of the amounts paid by petitioner to his former wife pursuant to said…
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Held, under facts, separation agreement executed by petitioner and his wife, providing for alimony and support of minor child in contemplation of divorce and confirmed by state court in subsequent divorce action, fixed periodic payments in terms of an amount of $ 200 per month as a sum payable for support of petitioner's minor child, and when said agreement is construed, as it must be, as a whole, of the amounts paid by petitioner to his former wife pursuant to said agreement, the sum of $ 2,400 per year is not deductible by petitioner under section 23 (u) of the Internal Revenue Code.
1Opinion of the Court
Robert W. Budd, Petitioner, v. Commissioner of Internal Revenue, Respondent
Budd v. Commissioner
Docket No. 8829
United States Tax Court
7 T.C. 413; 1946 U.S. Tax Ct. LEXIS 117;
July 30, 1946, Promulgated
Decision will be entered under Rule 50.
Held, under facts, separation agreement executed by petitioner and his wife, providing for alimony and support of minor child in contemplation of divorce and confirmed by state court in subsequent divorce action, fixed periodic payments in terms of an amount of $ 200 per month as a sum payable for support of petitioner's minor child, and when said agreement…
2Cases cited1 opinion
- Budd v. CommissionerUnited States Tax Court · 1946