Legal Opinion
Hummel v. United States
District Court, N.D. California
Decided December 17, 1963No. 40063PublishedCited by 8 opinions
1Opinion of the Court
SWEIGERT, District Judge.
This is an action by Robert W. Hum-mel and Irene V. Hummel, his wife, the-taxpayers, for the recovery of federal income tax assessed and paid for the-year 1958. Trial has been held before the Court and the cause submitted.
The taxpayers had deducted $26,954 as a loss sustained during the taxable-*32year 1958 within the meaning of the Internal Revenue Code of 1954, 26 U.S.C. § 165(a) and (b) and Treas.Reg. 118, Secs. 39.23(e)-l(6), 3(a) and 3(c).
The claimed loss arose out of the following facts:
In 1956, the taxpayers, who were sole shareholders in a family furniture…
2Cases cited11 opinions
- Lucas v. American Code Co.Supreme Court of the United States · 1930
- The Citizens Bank of Weston v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1958
- Ersel H. Beus and Anna Beus, W. J. Beus, and Leone Beus v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1958
- Commissioner of Internal Revenue v. McCarthyCourt of Appeals for the Seventh Circuit · 1942
- Commissioner of Internal Revenue v. HoffmanCourt of Appeals for the Second Circuit · 1941
6 more not listed; retrieve them via the Exa API.
3Cited by8 opinions
- Houston Chronicle Publishing Company, Plaintiff-Appellee-Cross v. United States of America, Defendant-Appellant-CrossCourt of Appeals for the Fifth Circuit · 1973
- Tanforan Co. v. United StatesDistrict Court, N.D. California · 1970
- CRST, Inc. v. CommissionerUnited States Tax Court · 1989
- Western Maryland Railway Co. v. United StatesDistrict Court, D. Maryland · 1968
- CRST, Inc. v. CommissionerUnited States Tax Court · 1989
3 more not listed; retrieve them via the Exa API.