Estate of Gasser v. Commissioner
United States Tax Court
Peter and Vernice Gasser owned certain properties in California as community property prior to Peter's death in 1982. They placed the property in service prior to 1981. Held, Vernice is not entitled to use ACRS deductions for depreciation of her one-half interest in the property after Peter's death.
1Opinion of the Court
Estate of Peter A. Gasser, Deceased, Vernice H. Gasser, Executrix, and Vernice H. Gasser, Petitioners v. Commissioner of Internal Revenue, Respondent; Vernice H. Gasser, Petitioner v. Commissioner of Internal Revenue, Respondent
Estate of Gasser v. Commissioner
Docket Nos. 43573-86, 43574-86
United States Tax Court
93 T.C. 236; 1989 U.S. Tax Ct. LEXIS 118; 93 T.C. No. 22;
August 16, 1989August 16, 1989, Filed
Decisions will be entered under Rule 155.
Peter and Vernice Gasser owned certain properties in California as community property prior to Peter's death in 1982. They placed the property in…
2Cases cited5 opinions
- Poe v. SeabornSupreme Court of the United States · 1930
- Estate of MurphyCalifornia Supreme Court · 1976
- Eller v. CommissionerUnited States Tax Court · 1981
- Estate of Stewart v. CommissionerUnited States Tax Court · 1982
- Estate of Gasser v. CommissionerUnited States Tax Court · 1989