Slaughter v. Commissioner
United States Tax Court
The net income of an estate for the final year of administration, held not taxable to the residuary legatees under section 162(c) of the Internal Revenue Code where neither the will nor the local law directed or authorized the distribution of net income as such.
1Opinion of the Court
Eleanor Josephine Slaughter v. Commissioner. Mary S. Field v. Commissioner.
Slaughter v. Commissioner
Docket Nos. 111284, 111285.
United States Tax Court
1943 Tax Ct. Memo LEXIS 186; 2 T.C.M. (CCH) 500; T.C.M. (RIA) 43354;
July 23, 1943
The net income of an estate for the final year of administration, held not taxable to the residuary legatees under section 162(c) of the Internal Revenue Code where neither the will nor the local law directed or authorized the distribution of net income as such.
Max Bloomstein, Jr., Esq., 11 S. LaSalle St., Chicago, Ill., for petitioners. C. J. Munz, Esq., for the…
2Cases cited4 opinions
- Rogers v. CommissionerUnited States Tax Court · 1943
- Wilcox v. CommissionerUnited States Board of Tax Appeals · 1941
- Durkheimer v. CommissionerUnited States Board of Tax Appeals · 1940
- McCandless v. CommissionerUnited States Board of Tax Appeals · 1940