Martin v. Commissioner
United States Tax Court
Held, that petitioners derived unreported gains from sales of real estate, in the amounts of $7,425 in the year 1953, $3,000 in the year 1954, and $1,300 in the year 1955. Held, that petitioners derived unreported interest income, in the amounts of $523.55 in the year 1953, $1,289.98 in the year 1954; $830.12 in the year 1955; and $579,86 in the year 1956. Held, that petitioners have failed to establish error in the Commissioner's determinations that additions to tax for the…
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Held, that petitioners derived unreported gains from sales of real estate, in the amounts of $7,425 in the year 1953, $3,000 in the year 1954, and $1,300 in the year 1955. Held, that petitioners derived unreported interest income, in the amounts of $523.55 in the year 1953, $1,289.98 in the year 1954; $830.12 in the year 1955; and $579,86 in the year 1956. Held, that petitioners have failed to establish error in the Commissioner's determinations that additions to tax for the nonfiling of declarations of estimated tax for the years 1953 and 1954 should be imposed under section 294(d)(1)(A) of…
1Opinion of the Court
Alexander H. Martin, Jr., Dorothy A. Martin v. Commissioner.
Martin v. Commissioner
Docket No. 89302.
United States Tax Court
T.C. Memo 1963-26; 1963 Tax Ct. Memo LEXIS 315; 22 T.C.M. (CCH) 101; T.C.M. (RIA) 63026;
January 30, 1963
Held, that petitioners derived unreported gains from sales of real estate, in the amounts of $7,425 in the year 1953, $3,000 in the year 1954, and $1,300 in the year 1955.
Held, that petitioners derived unreported interest income, in the amounts of $523.55 in the year 1953, $1,289.98 in the year 1954; $830.12 in the year 1955; and $579,86 in the year 1956.
Held, that…
2Cases cited1 opinion
- Hotel Wisconsin Realty Co. v. CommissionerCourt of Appeals for the Seventh Circuit · 1931