Davis v. Commissioner
United States Tax Court
Under a divorce decree granted in 1954 petitioner's ex-husband was obligated to pay petitioner $ 300 per month as alimony. Upon the husband's default in meeting these payments, petitioner and her ex-husband entered into an accord in 1958 providing for payment to petitioner of two $ 4,000 payments in 1958, and for 15 annual payments of $ 750 each.
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Under a divorce decree granted in 1954 petitioner's ex-husband was obligated to pay petitioner $ 300 per month as alimony. Upon the husband's default in meeting these payments, petitioner and her ex-husband entered into an accord in 1958 providing for payment to petitioner of two $ 4,000 payments in 1958, and for 15 annual payments of $ 750 each. Held, the two $ 4,000 payments received by petitioner in 1958 were in settlement of arrearages of alimony due under the original divorce decree and do not qualify as installment payments of a principal sum due under a divorce decree or agreement…
1Opinion of the Court
Virginia B. Adriance Davis, Petitioner, v. Commissioner of Internal Revenue, Respondent
Davis v. Commissioner
Docket No. 93628
United States Tax Court
41 T.C. 815; 1964 U.S. Tax Ct. LEXIS 133;
March 17, 1964, Filed
Decision will be entered for the respondent.
Under a divorce decree granted in 1954 petitioner's ex-husband was obligated to pay petitioner $ 300 per month as alimony. Upon the husband's default in meeting these payments, petitioner and her ex-husband entered into an accord in 1958 providing for payment to petitioner of two $ 4,000 payments in 1958, and for 15 annual payments of $ 750…
2Cases cited17 opinions
- Gale v. CommissionerUnited States Tax Court · 1949
- Gale v. Commissioner of Internal Revenue. Commissioner of Internal Revenue v. GaleCourt of Appeals for the Second Circuit · 1951
- Grant v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1953
- Bartsch v. CommissionerUnited States Tax Court · 1952
- Loverin v. CommissionerUnited States Tax Court · 1948
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