Kamins v. Commissioner
United States Tax Court
Held, that the petitioner is entitled to deduct as a casualty loss under sec. 165, I.R.C. 1954, only one-half of the loss to a residence which, at the time of loss, was owned jointly by petitioner and her former husband as community property under the law of the State of Washington, notwithstanding the fact that, subsequent to the loss but within the same taxable year, the residence was set over to petitioner as her separate property pursuant to a stipulated property…
Read the full summary
Held, that the petitioner is entitled to deduct as a casualty loss under sec. 165, I.R.C. 1954, only one-half of the loss to a residence which, at the time of loss, was owned jointly by petitioner and her former husband as community property under the law of the State of Washington, notwithstanding the fact that, subsequent to the loss but within the same taxable year, the residence was set over to petitioner as her separate property pursuant to a stipulated property settlement incorporated in the decree granting petitioner a divorce from her former husband.
1Opinion of the Court
Armorel Kamins, Petitioner v. Commissioner of Internal Revenue, Respondent
Kamins v. Commissioner
Docket No. 5981-68
United States Tax Court
54 T.C. 977; 1970 U.S. Tax Ct. LEXIS 142;
May 14, 1970, Filed
Decision will be entered for the respondent.
Held, that the petitioner is entitled to deduct as a casualty loss under sec. 165, I.R.C. 1954, only one-half of the loss to a residence which, at the time of loss, was owned jointly by petitioner and her former husband as community property under the law of the State of Washington, notwithstanding the fact that, subsequent to the loss but within the same…
2Cases cited32 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Poe v. SeabornSupreme Court of the United States · 1930
- Lang v. CommissionerSupreme Court of the United States · 1938
- Schramm v. SteeleWashington Supreme Court · 1917
- Kessinger v. AndersonWashington Supreme Court · 1948
27 more not listed; retrieve them via the Exa API.