Goodenough v. Commissioner

LUMAN W. GOODENOUGH, EXECUTOR AND TRUSTEE UNDER THE WILL OF PHILIP H. GRAY, DECEASED, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Goodenough v. Commissioner

Docket No. 32059.

United States Board of Tax Appeals

29 B.T.A. 211; 1933 BTA LEXIS 969;

October 31, 1933, Promulgated

The decedent died November 25, 1922, owning property under a tenancy by the entirety, which property was acquired in 1915. Held, that the value of such property is not includable in the gross estate.

Russell A. McNair, Esq., for the petitioner.

F. T. Horner, Esq., for the respondent.

SMITH

OPINION.

SMITH: This is a…