Legal Opinion
Emsy H. Swaim and Annie Swaim, Cross v. United States of America, Cross
Court of Appeals for the Fifth Circuit
Decided July 27, 1981No. 79-3244PublishedCited by 23 opinions
1Opinion of the Court
Before WISDOM, POLITZ and SAM D. JOHNSON, Circuit Judges.
POLITZ, Circuit Judge:
In 1965, taxpayers Emsy H. and Annie J. Swaim, in unrelated transactions, conveyed two pieces of real property, one located in Hale County, Texas, and the other situated in Concho County, Texas. This appeal involves the federal income tax consequences of those conveyances. The Internal Revenue Service assessed a tax deficiency of $26,430.28 plus interest for the year 1965 based on (1) a taxable gain of $41,771.42 1 in the Hale County property transaction (on the ground that it did not qualify as a nontaxable…
2Cases cited16 opinions
- Commissioner v. Court Holding Co.Supreme Court of the United States · 1945
- T. J. Starker v. United StatesCourt of Appeals for the Ninth Circuit · 1979
- Kanawha Gas & Utilities Co. v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1954
- June Pinson Carlton and Charles T. Carlton, as Administrators of the Estate of Thad H. Carlton, and June Carlton v. United StatesCourt of Appeals for the Fifth Circuit · 1967
- Redwing Carriers, Inc. v. TomlinsonCourt of Appeals for the Fifth Circuit · 1968
11 more not listed; retrieve them via the Exa API.
3Cited by23 opinions
- Lewis Arthur Merryman v. Commissioner of Internal Revenue, Michael A. Carroll and Margaret W. Carroll v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1989
- United States v. Sally JimCourt of Appeals for the Eleventh Circuit · 2018
- Ocmulgee Fields, Inc. v. Comm. of Internal RevenueCourt of Appeals for the Eleventh Circuit · 2010
- Frazier v. CommissionerUnited States Tax Court · 1998
- Garcia v. CommissionerUnited States Tax Court · 1983
18 more not listed; retrieve them via the Exa API.