Haynes v. Commissioner
United States Board of Tax Appeals
Petitioner and his wife held a note and a mortgage securing the payment thereof as joint tenants. Held that only one-half the interest paid on the note is income to the petitioner.
1Opinion of the Court
FREDERICK J. HAYNES, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Haynes v. Commissioner
Docket No. 7247.
United States Board of Tax Appeals
7 B.T.A. 465; 1927 BTA LEXIS 3165;
June 23, 1927, Promulgated
Petitioner and his wife held a note and a mortgage securing the payment thereof as joint tenants. Held that only one-half the interest paid on the note is income to the petitioner.
John P. O'Hara, Esq., for the petitioner.
Bruce A. Low, Esq., for the respondent.
ARUNDELL
This is a proceeding for the redetermination of a deficiency in income tax for the calendar year 1922 in the amount of…
2Cases cited4 opinions
- Case v. OwenIndiana Supreme Court · 1894
- Lober v. DorganMichigan Supreme Court · 1921
- Kissam v. McElligottDistrict Court, S.D. New York · 1920
- Haynes v. CommissionerUnited States Board of Tax Appeals · 1927