Ennis v. Commissioner
United States Tax Court
Held, that in the taxable years a bona fide partnership existed between decedent, his wife, and his adult son for the carrying on of a wholesale paper business, the decedent and the son having contributed both capital and services and the wife having contributed her entire time to the business, and that the shares of partnership income which were reported and on which income tax was paid by the wife and the son are not taxable to decedent; held, further, that the minor…
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Held, that in the taxable years a bona fide partnership existed between decedent, his wife, and his adult son for the carrying on of a wholesale paper business, the decedent and the son having contributed both capital and services and the wife having contributed her entire time to the business, and that the shares of partnership income which were reported and on which income tax was paid by the wife and the son are not taxable to decedent; held, further, that the minor daughter and minor son of the decedent, neither of whom performed any services for the business or contributed any new…
1Opinion of the Court
Estate of Frank G. Ennis, Sr., Deceased, Carrie Mae Ennis, Executrix, and National Bank of Commerce of Norfolk, Executor, Petitioners, v. Commissioner of Internal Revenue, Respondent
Ennis v. Commissioner
Docket No. 7008
United States Tax Court
5 T.C. 1096; 1945 U.S. Tax Ct. LEXIS 35;
November 27, 1945, Promulgated
Decision will be entered under Rule 50.
Held, that in the taxable years a bona fide partnership existed between decedent, his wife, and his adult son for the carrying on of a wholesale paper business, the decedent and the son having contributed both capital and services and the wife…
2Cases cited1 opinion
- Ennis v. CommissionerUnited States Tax Court · 1945