Kahn v. Commissioner
United States Board of Tax Appeals
Petitioner and his wife with two others formed a partnership to engage in the real estate business, the profits from which were divided equally between the four partners. The wife's portion of the profits was taxed by respondent as income of the petitioner. Held, that the profits belonged to the wife and should not have been included in petitioner's income. L. F. Sunlin,6 B.T.A. 1232, and Earle L. Crossman,10 B.T.A. 248.
1Opinion of the Court
ALBERT KAHN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Kahn v. Commissioner
Docket No. 13842.
United States Board of Tax Appeals
14 B.T.A. 125; 1928 BTA LEXIS 3014;
November 13, 1928, Promulgated
Petitioner and his wife with two others formed a partnership to engage in the real estate business, the profits from which were divided equally between the four partners. The wife's portion of the profits was taxed by respondent as income of the petitioner. Held, that the profits belonged to the wife and should not have been included in petitioner's income. L. F. Sunlin,6 B.T.A. 1232,…
2Cases cited2 opinions
- Sunlin v. CommissionerUnited States Board of Tax Appeals · 1927
- Kahn v. CommissionerUnited States Board of Tax Appeals · 1928