Reinheimer v. Commissioner
United States Tax Court
Petitioner by an instrument incident to a divorce agreed to pay to his wife $87,000 alimony in gross "payable in periodic payments during a period ending more than ten (10) years" but with the time of such payments being so specified that the last payment was due and payable 21 days short of 10 years from the effective date of the agreement.
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Petitioner by an instrument incident to a divorce agreed to pay to his wife $87,000 alimony in gross "payable in periodic payments during a period ending more than ten (10) years" but with the time of such payments being so specified that the last payment was due and payable 21 days short of 10 years from the effective date of the agreement. Held, such payments not installment payments of alimony deductible by petitioner under sections 22(k) and 23(u) of I.R.C. 1939. Held, also, amount of certain entertainment expenses determined under rule of Cohan v. Commissioner, 39 Fed. (2d) 540.
1Opinion of the Court
Louis Reinheimer v. Commissioner. Louis Reinheimer and Dorythe Reinheimer v. Commissioner.
Reinheimer v. Commissioner
Docket Nos. 53987, 53988.
United States Tax Court
T.C. Memo 1957-10; 1957 Tax Ct. Memo LEXIS 244; 16 T.C.M. (CCH) 56; T.C.M. (RIA) 57010;
January 23, 1957
Petitioner by an instrument incident to a divorce agreed to pay to his wife $87,000 alimony in gross "payable in periodic payments during a period ending more than ten (10) years" but with the time of such payments being so specified that the last payment was due and payable 21 days short of 10 years from the effective date of the…
2Cases cited1 opinion
- Isfalt v. CommissionerUnited States Tax Court · 1955