Munson v. Commissioner
United States Board of Tax Appeals
The New York State transfer tax paid by the executor of the estate of a decedent is a legal deduction from gross income in the income-tax return filed for the decedent's estate in the process of settlement for the year in which such tax was paid, under the provisions of section 214(a)(3) of the Revenue Act of 1918.
1Opinion of the Court
APPEAL OF EDGAR MUNSON, EXECUTOR OF THE ESTATE OF HARRIET A. CURTIS, DECEASED.
Munson v. Commissioner
Docket No. 442.
United States Board of Tax Appeals
3 B.T.A. 185; 1925 BTA LEXIS 2007;
December 1, 1925, Decided Submitted January 17, 1925.
The New York State transfer tax paid by the executor of the estate of a decedent is a legal deduction from gross income in the income-tax return filed for the decedent's estate in the process of settlement for the year in which such tax was paid, under the provisions of section 214(a)(3) of the Revenue Act of 1918.
Russell L. Bradford, Esq., for the taxpayer.
Robe…
2Cases cited17 opinions
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