Balding v. Commissioner
United States Tax Court
Petitioner received payments in settlement of her claim to a community property share of her ex-husband's military retirement pay. Held, pursuant to sec. 1041, I.R.C., no income is recognized by petitioner on receipt of such payments.
1Opinion of the Court
Hazel Eileen Balding, Petitioner v. Commissioner of Internal Revenue, Respondent
Balding v. Commissioner
Docket No. 10108-90
United States Tax Court
98 T.C. 368; 1992 U.S. Tax Ct. LEXIS 31; 98 T.C. No. 27; 15 Employee Benefits Cas. (BNA) 1233;
March 31, 1992, Filed
Decision will be entered under Rule 155.
Petitioner received payments in settlement of her claim to a community property share of her ex-husband's military retirement pay. Held, pursuant to sec. 1041, I.R.C., no income is recognized by petitioner on receipt of such payments.
Jack W. Golden, for petitioner.
William A. McCarthy, for…
2Cases cited11 opinions
- McCarty v. McCartySupreme Court of the United States · 1981
- Commissioner v. P. G. Lake, Inc.Supreme Court of the United States · 1958
- United States v. DavisSupreme Court of the United States · 1962
- Commissioner v. ConnellySupreme Court of the United States · 1949
- Johnson v. United StatesCourt of Appeals for the Ninth Circuit · 1943
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