Estate of Edith Fitz v. Commissioner

Estate of Edith Fitz, Reginald Fitz and Phoebe M. Fitz, Executors v. Commissioner.

Estate of Edith Fitz v. Commissioner

Docket No. 4734.

United States Tax Court

1945 Tax Ct. Memo LEXIS 55; 4 T.C.M. (CCH) 968; T.C.M. (RIA) 45327;

October 24, 1945

Phillips Ketchum, Esq., 1 Federal St., Boston, Mass., for the petitioners. Carl A. Stutsman, Jr., Esq., for the respondent.

ARNOLD

Memorandum Opinion

ARNOLD, Judge: This case involves an estate tax deficiency of $10,645.15. The issue is whether the Commissioner erroneously included $37,602.89 in the decedent's gross estate upon the ground that she exercised a…