Teplitz v. Commissioner
United States Tax Court
Decedent, Harry Teplitz, was a sales agent for several corporations whose business was importing and exporting steel. He was compensated on a commission basis. He misappropriated steel belonging to his principals in 1968 and 1969 and sold it through his subchapter S corporation. He did not include the value of the misappropriated steel in gross income reported on the income tax returns filed for 1967, 1968, and 1969 which purported to be joint returns of Harry and Gladys.
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Decedent, Harry Teplitz, was a sales agent for several corporations whose business was importing and exporting steel. He was compensated on a commission basis. He misappropriated steel belonging to his principals in 1968 and 1969 and sold it through his subchapter S corporation. He did not include the value of the misappropriated steel in gross income reported on the income tax returns filed for 1967, 1968, and 1969 which purported to be joint returns of Harry and Gladys. Gladys did not sign these returns nor did she file separate returns. She had filed joint returns with Harry in preceding…
1Opinion of the Court
GLADYS B. TEPLITZ, TRANSFEREE, AND JILL WOLK, TRANSFEREE, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ESTATE OF HARRY S. TEPLITZ (DECEASED), GLADYS B. TEPLITZ, Administratrix, and GLADYS B. TEPLITZ, Surviving Spouse, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Teplitz v. Commissioner
Docket Nos. 9749-75, 10222-75.
United States Tax Court
T.C. Memo 1978-45; 1978 Tax Ct. Memo LEXIS 466; 37 T.C.M. (CCH) 229; T.C.M. (RIA) 780045;
January 31, 1978, Filed
Decedent, Harry Teplitz, was a sales agent for several corporations whose business was importing and exporting steel. He…
2Cases cited47 opinions
- James v. United StatesSupreme Court of the United States · 1961
- Commissioner v. SternSupreme Court of the United States · 1958
- Bettye A. Sanders v. United StatesCourt of Appeals for the Fifth Circuit · 1975
- Sonnenborn v. CommissionerUnited States Tax Court · 1971
- Mysse v. CommissionerUnited States Tax Court · 1972
42 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- In re KaiserUnited States Bankruptcy Court, E.D. Missouri · 1995