Norton v. Commissioner
United States Tax Court
1. Petitioner, in 1945, purchased a historic house known as the "General Wadsworth cottage" for restoration. She had business cards printed and designated her alleged business as "Lambert Studios," and after her name used the title of "Decorative Consultant."
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1. Petitioner, in 1945, purchased a historic house known as the "General Wadsworth cottage" for restoration. She had business cards printed and designated her alleged business as "Lambert Studios," and after her name used the title of "Decorative Consultant." Petitioner paid $7,500 for said house and lot, and during the years 1945 through 1950, inclusive, she made certain improvements to the house and lot so that her cost basis for the property (not including land) was $32,182.65 on January 1, 1957. Petitioner has resided in said house from 1945 to the time of the instant trial. From January…
1Opinion of the Court
Helen Lambert Norton v. Commissioner.
Norton v. Commissioner
Docket No. 85649.
United States Tax Court
T.C. Memo 1962-20; 1962 Tax Ct. Memo LEXIS 291; 21 T.C.M. (CCH) 92; T.C.M. (RIA) 62020;
January 30, 1962
1. Petitioner, in 1945, purchased a historic house known as the "General Wadsworth cottage" for restoration. She had business cards printed and designated her alleged business as "Lambert Studios," and after her name used the title of "Decorative Consultant." Petitioner paid $7,500 for said house and lot, and during the years 1945 through 1950, inclusive, she made certain improvements to the…
2Cases cited10 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Frank v. CommissionerUnited States Tax Court · 1953
- Henry P. White and Estate of Nancy A. White, Deceased, T. Leo Sullivan, Administrator, C.T.A. v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1955
- Morton v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1949
- Owen v. CommissionerUnited States Tax Court · 1954
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