Coffin v. Commissioner
United States Tax Court
Petitioners are entitled to deduct amounts expended for construction of an earthen dam and filling in eroded gullies on their farm under the provisions and limitations of section 175, I.R.C. 1954.
1Opinion of the Court
OPINION
In 1950 petitioners purchased 88.24 acres of eroded land near Calistoga, Calif. At the time of purchase, the land had an old vineyard on it and the rest of the land was used for the grazing of livestock. Petitioners received little or no income from the property during the entire period of their ownership up to the year 1958.
In 1958, pursuant to a plan worked out by petitioners and the Soil and Water Conservation Section of the Department of Agriculture, the petitioners had an earthen dam built on the farm and had the gullies filled in. The project cost petitioners a total of…
2Cited by5 opinions
- Gary Everson and Mary Everson v. United StatesCourt of Appeals for the Ninth Circuit · 1997
- Estate of Straughn v. CommissionerUnited States Tax Court · 1970
- Coffin v. CommissionerUnited States Tax Court · 1963
- Estate of Straughn v. CommissionerUnited States Tax Court · 1970
- Gary Everson and Mary Everson v. United StatesCourt of Appeals for the Ninth Circuit · 1997