Tullgren v. Commissioner
United States Board of Tax Appeals
ANNUITIES - CHARGE ON LAND DEVISED. - By the will of petitioners' father an annuilty of $6,000 a year was given their mother, directed to be paid by petitioners. By that will certain real property was devised them, subject to the payment of the annuity.
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ANNUITIES - CHARGE ON LAND DEVISED. - By the will of petitioners' father an annuilty of $6,000 a year was given their mother, directed to be paid by petitioners. By that will certain real property was devised them, subject to the payment of the annuity. Held, that the annuity was a charge against the income from the property and as to any arrearage against the corpus, and the income in 1923 being less than the the amount of the annuity, none of it represented income taxable to petitioners, but the income in the following year being in excess of the annuity, such excess represented income…
1Opinion of the Court
HERBERT W. TULLGREN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
S. MINARD TULLGREN, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.
Tullgren v. Commissioner
Docket Nos. 9738, 32599, 32600.
United States Board of Tax Appeals
16 B.T.A. 1242; 1929 BTA LEXIS 2434;
June 28, 1929, Promulgated
ANNUITIES - CHARGE ON LAND DEVISED. - By the will of petitioners' father an annuilty of $6,000 a year was given their mother, directed to be paid by petitioners. By that will certain real property was devised them, subject to the payment of the annuity. Held, that the annuity was a…
2Cases cited1 opinion
- Tullgren v. CommissionerUnited States Board of Tax Appeals · 1929