Linsenmeyer v. Commissioner
United States Tax Court
Petitioner's late husband, John Russo, died in 1941 possessing a one-seventh interest in one partnership and allegedly possessing a one-half interest in another. The businesses were continued without interruption after his death, and petitioner became a one-seventh partner in one enterprise and a one-half partner in the other. She received her distributive shares of partnership income and reported them on her individual returns.
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Petitioner's late husband, John Russo, died in 1941 possessing a one-seventh interest in one partnership and allegedly possessing a one-half interest in another. The businesses were continued without interruption after his death, and petitioner became a one-seventh partner in one enterprise and a one-half partner in the other. She received her distributive shares of partnership income and reported them on her individual returns. Although the five children of petitioner and John Russo were entitled to intestate shares of any partnership assets in which he had an interest at the time of his…
1Opinion of the Court
Nellie Russo Linsenmeyer, Petitioner, v. Commissioner of Internal Revenue, Respondent
Linsenmeyer v. Commissioner
Docket No. 51813
United States Tax Court
25 T.C. 1126; 1956 U.S. Tax Ct. LEXIS 259;
February 29, 1956, Filed
Decision will be entered for the respondent.
Petitioner's late husband, John Russo, died in 1941 possessing a one-seventh interest in one partnership and allegedly possessing a one-half interest in another. The businesses were continued without interruption after his death, and petitioner became a one-seventh partner in one enterprise and a one-half partner in the other. She…
2Cases cited1 opinion
- Linsenmeyer v. CommissionerUnited States Tax Court · 1956