Lazard v. Commissioner
United States Tax Court
Petitioner and her husband were domiciled in Louisiana and filed separate returns on a community property basis. Prior to the taxable years petitioner had received as her separate property a gift from her father of a fractional interest in the minerals in a tract of land subject to an oil lease. During the taxable years the lessee sent to petitioner monthly checks representing the proceeds of the royalty oil produced and sold under the regular form of division orders.
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Petitioner and her husband were domiciled in Louisiana and filed separate returns on a community property basis. Prior to the taxable years petitioner had received as her separate property a gift from her father of a fractional interest in the minerals in a tract of land subject to an oil lease. During the taxable years the lessee sent to petitioner monthly checks representing the proceeds of the royalty oil produced and sold under the regular form of division orders. Petitioner endorsed these checks and turned them over to her husband for deposit in his bank account. The proceeds thereof…
1Opinion of the Court
OPINION.
Arundell, Judge:
This proceeding involves a determination by the respondent of deficiencies in income tax for the calendar years 1940 and 1941 of $157.46 and $269.20, respectively.
Petitioner is a resident of the State of Louisiana and for the taxable years in question she and her husband filed separate income tax returns on a community property basis. The deficiencies mentioned resulted from several adjustments which the respondent made to the net income as disclosed by petitioner’s returns. Only one of the several adjustments for each year is contested. The contested adjustment for…
2Cases cited5 opinions
- Poe v. SeabornSupreme Court of the United States · 1930
- Damner v. CommissionerUnited States Tax Court · 1944
- Guss v. MathewsSupreme Court of Louisiana · 1934
- Bank of Coushatta v. CoatsSupreme Court of Louisiana · 1929
- Lambert v. FrancheboisSupreme Court of Louisiana · 1840
3Cited by9 opinions
- Theriot v. CommissionerUnited States Tax Court · 1950
- Guste v. CommissionerUnited States Tax Court · 1947
- Theriot v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1952
- Estate of Berk v. CommissionerUnited States Tax Court · 1946
- Berk v. CommissionerUnited States Tax Court · 1946
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