Kohn v. Commissioner

LILLIE V. KOHN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

ACHILLES H. KOHN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

Kohn v. Commissioner

Docket Nos. 16477, 16478.

United States Board of Tax Appeals

16 B.T.A. 662; 1929 BTA LEXIS 2541;

May 24, 1929, Promulgated

Loss held properly deductible by residuary legatees rather than estate.

William Sabine, Esq., for the petitioner.

F. S. Easby-Smith, Esq., for the respondent.

SIEFKIN

These are proceedings, duly consolidated for hearing and decision, for the redetermination of deficiencies for the year 1922 determined against…