Blake v. Commissioner

LILIAN K. BLAKE, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Blake v. Commissioner

Docket No. 26374.

United States Board of Tax Appeals

23 B.T.A. 554; 1931 BTA LEXIS 1859;

June 3, 1931, Promulgated

The income upon shares of stock held in trust by the petitioner for her minor son is not taxable to her.

Henry F. Parmelee, Esq., Curtiss K. Thompson, Esq., and Barry Mohun, Esq., for the petitioner.

J. E. Marshall, Esq., for the respondent.

TRAMMELL

The petitioner seeks a redetermination of deficiencies in income tax for the years 1922 and 1923 amounting to $30,000.01 and $37,679.91,…