Cameron v. Commissioner
United States Tax Court
Petitioners received family allowance distributions from their father's estate for the years in issue. The estate had distributable net income in excess of all estate distributions for those years. Petitioners failed to include the distributions in gross income.
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Petitioners received family allowance distributions from their father's estate for the years in issue. The estate had distributable net income in excess of all estate distributions for those years. Petitioners failed to include the distributions in gross income. Held, all family allowance distributions were properly includable in gross income under sec. 662(a), I.R.C. 1954, 2All statutory references are to the Internal Revenue Code of 1954, as amended, unless otherwise stated. whether paid from estate's income or from its corpus. Also held, Commissioner did not abuse his discretion under sec.…
1Opinion of the Court
Scott D. Cameron, et al., 1 Petitioners v. Commissioner of Internal Revenue, Respondent
Cameron v. Commissioner
Docket Nos. 2194-75, 2195-75, 2196-75
United States Tax Court
68 T.C. 744; 1977 U.S. Tax Ct. LEXIS 60;
August 29, 1977, Filed
Decisions will be entered for the respondent.
Petitioners received family allowance distributions from their father's estate for the years in issue. The estate had distributable net income in excess of all estate distributions for those years. Petitioners failed to include the distributions in gross income. Held, all family allowance distributions were properly…
2Cases cited5 opinions
- Estate of WoodwardCalifornia Court of Appeal · 1964
- United States v. Mabel Davis JamesCourt of Appeals for the Ninth Circuit · 1964
- Estate of McCoy v. CommissionerUnited States Tax Court · 1968
- Wiedemann v. WiedemannCalifornia Court of Appeal · 1964
- Cameron v. CommissionerUnited States Tax Court · 1977