Estate of Horstmeier v. Commissioner

ESTATE OF HORSTMEIER, DECEASED, MARY E. SCOTT, EXECUTOR, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Estate of Horstmeier v. Commissioner

No. 19908-96

United States Tax Court

T.C. Memo 1999-145; 1999 Tax Ct. Memo LEXIS 160; 77 T.C.M. (CCH) 1940; T.C.M. (RIA) 99145;

April 30, 1999, Filed

Decision will be entered under Rule 155.

David E. Alms, for petitioner.

William T. Derick, for respondent.

Gale, Joseph H.

GALE

MEMORANDUM OPINION

GALE, JUDGE: Respondent determined a deficiency in Federal estate tax in the amount of $ 208,380.

The sole issue for decision 1 is whether 50 percent or 100…