Murray v. Commissioner
United States Tax Court
Pursuant to a judgment dissolving the marriage of petitioner, petitioner transferred to his wife his interest as a tenant by the entirety in both the personal residence and in certain lots. In the judgment dissolving the marriage, petitioner's wife waived all rights to alimony or support. The judgment did not mention a "special equity" claim of petitioner's wife set forth in her answer to the dissolution petition of petitioner.
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Pursuant to a judgment dissolving the marriage of petitioner, petitioner transferred to his wife his interest as a tenant by the entirety in both the personal residence and in certain lots. In the judgment dissolving the marriage, petitioner's wife waived all rights to alimony or support. The judgment did not mention a "special equity" claim of petitioner's wife set forth in her answer to the dissolution petition of petitioner. Held, the transfer of property interests by petitioner was in exchange for marital rights of his wife and therefore taxable to petitioner. United States v. Davis,370…
1Opinion of the Court
NELSON A. MURRAY, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Murray v. Commissioner
Docket No. 10342-75.
United States Tax Court
T.C. Memo 1978-352; 1978 Tax Ct. Memo LEXIS 161; 37 T.C.M. (CCH) 1479; T.C.M. (RIA) 78352;
September 7, 1978, Filed
Pursuant to a judgment dissolving the marriage of petitioner, petitioner transferred to his wife his interest as a tenant by the entirety in both the personal residence and in certain lots. In the judgment dissolving the marriage, petitioner's wife waived all rights to alimony or support. The judgment did not mention a "special equity" claim…
2Cases cited10 opinions
- United States v. DavisSupreme Court of the United States · 1962
- Heath v. HeathSupreme Court of Florida · 1932
- Engebretsen v. EngebretsenSupreme Court of Florida · 1942
- Welsh v. WelshSupreme Court of Florida · 1948
- Tanner v. TannerDistrict Court of Appeal of Florida · 1967
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