Peveler v. Commissioner
United States Tax Court
Petitioner and his wife were divorced in June of 1972 but continued to live together thereafter. Held, petitioner and his wife were not entitled to file a joint return for 1972. Petitioner sold an 831-acre tract of land in 1972. On his original return for 1972 petitioner reported his basis in the property as $4,198. In his petition petitioner claimed that he inherited the property from his father in 1947 and that his basis in the property was one-half of the fair market…
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Petitioner and his wife were divorced in June of 1972 but continued to live together thereafter. Held, petitioner and his wife were not entitled to file a joint return for 1972. Petitioner sold an 831-acre tract of land in 1972. On his original return for 1972 petitioner reported his basis in the property as $4,198. In his petition petitioner claimed that he inherited the property from his father in 1947 and that his basis in the property was one-half of the fair market value of the property at the time of his father's death, or $24,980. Held, petitioner failed to carry his burden of proving…
1Opinion of the Court
MILTON PEVELER, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Peveler v. Commissioner
Docket No. 6308-77.
United States Tax Court
T.C. Memo 1979-460; 1979 Tax Ct. Memo LEXIS 66; 39 T.C.M. (CCH) 502; T.C.M. (RIA) 79460;
November 20, 1979, Filed
Petitioner and his wife were divorced in June of 1972 but continued to live together thereafter. Held, petitioner and his wife were not entitled to file a joint return for 1972.
Petitioner sold an 831-acre tract of land in 1972. On his original return for 1972 petitioner reported his basis in the property as $4,198. In his petition petitioner…
2Cases cited8 opinions
- Von Tersch v. CommissionerUnited States Tax Court · 1967
- Gary v. GaryCourt of Appeals of Texas · 1973
- Clack v. WilliamsCourt of Appeals of Texas · 1945
- Ti Li Loo v. CommissionerUnited States Tax Court · 1954
- Guaranty State Bank v. CommissionerUnited States Board of Tax Appeals · 1928
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