Granan v. Commissioner
United States Tax Court
The petitioner executed a note to a hospital in 1964 to pay for the medical expenses of his dependent sister. Later in 1964, he borrowed money from a bank and used the proceeds of the loan to pay off the note. He made payments on the bank loan in 1964 and 1965. Held, no part of the amount paid on the bank loan in 1965 is deductible as a medical expense paid in that year.
1Opinion of the Court
Simpson, Judge:
The respondent determined a deficiency of $789.37 in the petitioner’s 1965 Federal income tax. The issue for decision is whether the petitioner may deduct as a medical expense in 1965 the amount he paid in that year to discharge a loan arranged in 1964 to pay for the medical care of his dependent sister.
FINDINGS OP PACT
Some of the facts were stipulated, and those facts are so found.
The petitioner, William J. Granan, maintained his legal residence in Albany, N. Y., at the time the petition was filed in this case. He filed his 1965 individual Federal income tax return, using the…
2Cases cited7 opinions
- United States v. PatrickSupreme Court of the United States · 1963
- McAdams v. Commissioner of Internal RevenueCourt of Appeals for the Fifth Circuit · 1952
- Segall v. CommissionerUnited States Tax Court · 1958
- Perry v. CommissionerUnited States Board of Tax Appeals · 1933
- Keenan v. CommissionerUnited States Board of Tax Appeals · 1930
2 more not listed; retrieve them via the Exa API.
3Cited by19 opinions
- Kenneth Allen Barbara Allen v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1991
- Saviano v. CommissionerUnited States Tax Court · 1983
- Graf v. CommissionerUnited States Tax Court · 1983
- Chapman v. United StatesDistrict Court, D. Minnesota · 1981
- Larry Zavadil v. Commissioner of IRSCourt of Appeals for the Eighth Circuit · 2015
14 more not listed; retrieve them via the Exa API.