Merz v. Commissioner
United States Tax Court
Family Partnership -- Husband and Wife -- Services -- Capital. -- A wife who contributed some capital and fully participated in a business carried on under a written partnership agreement is recognized as a partner for income tax purposes and her share of the partnership profits is not taxable to her husband.
1Opinion of the Court
Frederick O. Merz, Petitioner, v. Commissioner of Internal Revenue, Respondent
Merz v. Commissioner
Docket No. 17837
United States Tax Court
12 T.C. 1076; 1949 U.S. Tax Ct. LEXIS 161;
June 16, 1949, Promulgated
Decision will be entered for the petitioner.
Family Partnership -- Husband and Wife -- Services -- Capital. -- A wife who contributed some capital and fully participated in a business carried on under a written partnership agreement is recognized as a partner for income tax purposes and her share of the partnership profits is not taxable to her husband.
Herman H. Krekstein, Esq., for the…
2Cases cited1 opinion
- Merz v. CommissionerUnited States Tax Court · 1949