Loverin v. Commissioner
United States Tax Court
Petitioner was divorced from his wife in 1940 under a decree obligating him to pay her $ 60 a week for her maintenance and support. On January 2, 1942, petitioner and his ex-wife entered into a written agreement, conditioned on her remarriage to another, calling for the payment by petitioner to her of $ 8,500 and $ 1,500 for her attorneys' fees.
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Petitioner was divorced from his wife in 1940 under a decree obligating him to pay her $ 60 a week for her maintenance and support. On January 2, 1942, petitioner and his ex-wife entered into a written agreement, conditioned on her remarriage to another, calling for the payment by petitioner to her of $ 8,500 and $ 1,500 for her attorneys' fees. In consideration therefor she consented to a modification of the divorce decree so as to eliminate the payments for support and maintenance, released petitioner from all future claims in that regard, and agreed to dismiss a court action she had…
1Opinion of the Court
OPINION.
Arundell, Judge:
This case involves an income tax deficiency for 1943 in the amount of $1,487.50. The issue concerns income for 1942 in the computation of the deficiency pursuant to the Current Tax Payment Act of 1943, and it is whether petitioner is entitled to a deduction for all or any part of $11,000 which he paid in 1942 under the circumstances hereinafter related.
The facts have all been stipulated and may be briefly summarised. Petitioner is a resident of New York City. His tax returns for 1942 and 1943 were duly filed with the collector of internal revenue for the third district…
2Cited by29 opinions
- Norton v. CommissionerUnited States Tax Court · 1951
- Lounsbury v. CommissionerUnited States Tax Court · 1961
- Davis v. CommissionerUnited States Tax Court · 1964
- McKinney v. CommissionerUnited States Tax Court · 1951
- Young v. CommissionerUnited States Tax Court · 1972
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