Coachman v. Commissioner
United States Tax Court
Deductions -- Losses -- Whose -- Trust or Remaindermen. -- Losses from the sales of securities made by a trustee in order to distribute the corpus of a trust to fifty remaindermen after the death of the life beneficiary are not losses of the remaindermen for Federal income tax purposes.
1Opinion of the Court
Della M. Coachman, Petitioner, v. Commissioner of Internal Revenue, Respondent
Coachman v. Commissioner
Docket No. 23323
United States Tax Court
16 T.C. 1432; 1951 U.S. Tax Ct. LEXIS 133;
June 29, 1951, Promulgated
Decision will be entered for the respondent.
Deductions -- Losses -- Whose -- Trust or Remaindermen. -- Losses from the sales of securities made by a trustee in order to distribute the corpus of a trust to fifty remaindermen after the death of the life beneficiary are not losses of the remaindermen for Federal income tax purposes.
H. L. Coachman, Esq., for the petitioner.
William W. Oliver,…
2Cases cited1 opinion
- Coachman v. CommissionerUnited States Tax Court · 1951