Estate of Whitt v. Commissioner
United States Tax Court
Decedent Elbert B. Whitt owned 18 tracts of real property at some point during his lifetime. Held: Tract Nos. 2, 3, 4, 5, 8, 9, 10, 11, 14, 15, and 17 are includable in the Estate of Elbert B. Whitt (docket No. 13389-78) under section 2033. Held further: Completed gifts of Tract Nos. 1, 6, 7, 12, 13 and 16 were made in the years the deeds were recorded.
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Decedent Elbert B. Whitt owned 18 tracts of real property at some point during his lifetime. Held: Tract Nos. 2, 3, 4, 5, 8, 9, 10, 11, 14, 15, and 17 are includable in the Estate of Elbert B. Whitt (docket No. 13389-78) under section 2033. Held further: Completed gifts of Tract Nos. 1, 6, 7, 12, 13 and 16 were made in the years the deeds were recorded. Held further: Tract No. 18 was sold in 1952. Held further: Respondent's determination of the fair market value of Tract Nos. 1, 6, 7, 12, 13, and 16 sustained. Held further: Petitioner Estate of Elbert B. Whitt (docket No. 5422-79) is not…
1Opinion of the Court
ESTATE OF AUDRY J. WHITT, LOYD WHITT AND WILLARD WHITT, ADMINISTRATORS, ET AL., 1 Petitioners v. COMMISSIONER OF INTERNAL REVENUE Respondent
Estate of Whitt v. Commissioner
Docket Nos. 13388-78, 13389-78, 5422-79.
United States Tax Court
T.C. Memo 1983-262; 1983 Tax Ct. Memo LEXIS 526; 46 T.C.M. (CCH) 118; T.C.M. (RIA) 83262;
May 12, 1983.
Decedent Elbert B. Whitt owned 18 tracts of real property at some point during his lifetime. Held: Tract Nos. 2, 3, 4, 5, 8, 9, 10, 11, 14, 15, and 17 are includable in the Estate of Elbert B. Whitt (docket No. 13389-78) under section 2033. Held further:…
2Cases cited69 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Morgan v. CommissionerSupreme Court of the United States · 1940
- Wichita Term. El. Co. v. Commissioner of Int. R.Court of Appeals for the Tenth Circuit · 1947
- Beaver v. CommissionerUnited States Tax Court · 1970
- Otsuki v. CommissionerUnited States Tax Court · 1969
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