Griffith v. Commissioner
United States Tax Court
1. Petitioner and her former husband were divorced pursuant to a decree of absolute divorce which specified, in addition to provisions for fixed alimony and support payments, that the husband was to pay premiums on a life insurance policy carried on his life in which petitioner was to be named beneficiary and would have, upon demand, the right to the cash surrender value.
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1. Petitioner and her former husband were divorced pursuant to a decree of absolute divorce which specified, in addition to provisions for fixed alimony and support payments, that the husband was to pay premiums on a life insurance policy carried on his life in which petitioner was to be named beneficiary and would have, upon demand, the right to the cash surrender value. It was further provided that the exercise of this latter right by petitioner would terminate the provision of the agreement requiring insurance. The policy was to be maintained by the former husband for a 20-year period…
1Opinion of the Court
FisheR, Judge:
The respondent determined deficiencies in income taxes against the petitioner for the taxable years 1952 and 1953 in the amounts of $1,667.41 and $1,757.12, respectively. The questions presented are: (1) Whether premiums paid on a life insurance policy by petitioner’s former husband were includible in petitioner’s gross income as periodic payments under a decree of divorce or written instrument incident thereto for the years 1952 and 1953; (2) if the amounts of the premiums are not includible in petitioner’s gross income in full, whether they are includible to the extent of the…
2Cases cited11 opinions
- Van Vlaanderen v. CommissionerUnited States Tax Court · 1948
- Van Vlaanderen v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1949
- Walsh v. Comm'rUnited States Tax Court · 1954
- Weil v. CommissionerUnited States Tax Court · 1954
- Bradley v. CommissionerUnited States Tax Court · 1958
6 more not listed; retrieve them via the Exa API.
3Cited by33 opinions
- Wright v. CommissionerUnited States Tax Court · 1974
- Robinson v. CommissionerUnited States Tax Court · 1968
- Cohen v. CommissionerUnited States Tax Court · 1963
- Taylor v. CommissionerUnited States Tax Court · 1965
- Hyde v. CommissionerUnited States Tax Court · 1961
28 more not listed; retrieve them via the Exa API.