Rinehart v. Commissioner
United States Tax Court
Income -- Compensation for Services -- Section 22 (a). -- Money paid to the petitioner by his employer to assist in the purchase of a house at a new work location was compensation for services taxable under section 22 (a).
1Opinion of the Court
OPINION.
MuRdock, Judge:
The petitioners do not contend that the $4,000 was a gift but claim that it did not represent taxable income since it merely reduced the cost of the house. The petitioner testified that he thought the price of the house was too high and he would not have bought it if he had not been able to obtain the $4,000 from his employer. Suppose he had thought that meat prices in Toledo were too high and his employer had offered to pay 25 per cent of his meat bills until a total of $4,000 had been paid. Could it be successfully maintained that the $4,000 paid for meat was not…
2Cited by13 opinions
- Silverman v. CommissionerUnited States Tax Court · 1957
- James J. Ritter v. The United StatesUnited States Court of Claims · 1968
- Lull v. CommissionerUnited States Tax Court · 1969
- Walker v. CommissionerUnited States Tax Court · 1956
- Campbell v. CommissionerUnited States Tax Court · 1961
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