Legal Opinion
Johnson v. Commissioner of Internal Revenue
Court of Appeals for the Fifth Circuit
Decided July 2, 1947No. 11904PublishedCited by 29 opinions
1Opinion of the Court
SIBLEY, Circuit Judge.
The petitioner, taxpayer for the year 1938, complains that the Tax Court in fixing her gain in the sale of a house and lot in 1938 gave the house a zero cost basis instead of its fair value in 1929 when she acquired it; that an attorney’s fee of $1,500 paid in recovering the house and lot in 1929 was not included as part of her cost; and that certain improvements made since were not included in her investment. The evidence is not before us, but. the pertinent fact-findings are ihe.se:
The lot, tract #3, was acquired in 1920 at a cost fixed at $10,000. “In 1924 petitioner…
2Cases cited7 opinions
- Detroit Edison Co. v. CommissionerSupreme Court of the United States · 1943
- Helvering v. BruunSupreme Court of the United States · 1940
- M. E. Blatt Co. v. United StatesSupreme Court of the United States · 1938
- JONES'ESTATE v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1942
- Orange Securities Corp. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1942
2 more not listed; retrieve them via the Exa API.
3Cited by29 opinions
- Ross v. Commissioner of Internal RevenueCourt of Appeals for the First Circuit · 1948
- Clemon J. And Ivy C. Herrington v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1988
- Mayfair Minerals, Inc. v. CommissionerUnited States Tax Court · 1971
- The Crosley Corporation v. United StatesCourt of Appeals for the Sixth Circuit · 1956
- Estate of Hilda Ashman v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 2000
24 more not listed; retrieve them via the Exa API.