Tilles v. Commissioner
United States Board of Tax Appeals
In 1932 the petitioner contributed $200 to a fund, to which there were other contributors, to provide a musical education for a poor young girl who had a promising voice. Held, that the amount is not a legal deduction from gross income under section 23(n) of the Revenue Act of 1932.
1Opinion of the Court
OPINION.
Smith:
This proceeding involves deficiencies in petitioner’s income tax for the years 1931 and 1932 in the respective amounts of $3,406.53 and $2,983.99. Petitioner alleges that respondent erred:(1) In disallowing the deduction of losses of $24,305 in 1931 and $29,108.50 in 1932 upon the sale of certain shares of stock in those years.
*546(2) In increasing gross income for each of the years 1931 and 1932 by the amount of $1,800 representing dividends paid in those years on shares of stock which petitioner had pledged as security for payments to his divorced wife.(3) In disallowing the…
2Cases cited5 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Douglas v. WillcutsSupreme Court of the United States · 1935
- Perin Ex Rel. Perin v. CareySupreme Court of the United States · 1861
- Helvering v. CoxeySupreme Court of the United States · 1936
- Kain v. GibboneySupreme Court of the United States · 1879
3Cited by13 opinions
- Peace v. CommissionerUnited States Tax Court · 1964
- United States v. Joseph E. FlynnCourt of Appeals for the First Circuit · 1973
- Davies v. CommissionerUnited States Tax Court · 1963
- Mayo v. CommissionerUnited States Tax Court · 1971
- Crellin v. CommissionerUnited States Board of Tax Appeals · 1942
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