Contini v. Commissioner
United States Tax Court
In 1975, petitioner, an engineer, paid $ 2,000 to Educational Scientific Publishers (ESP) for certain undescribed materials and services dealing with establishment of family trusts. In 1976, using the materials purchased from ESP, petitioner formally created a family trust to which he transferred the family residence, some jewelry, and the rights to his services and the income therefrom.
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In 1975, petitioner, an engineer, paid $ 2,000 to Educational Scientific Publishers (ESP) for certain undescribed materials and services dealing with establishment of family trusts. In 1976, using the materials purchased from ESP, petitioner formally created a family trust to which he transferred the family residence, some jewelry, and the rights to his services and the income therefrom. Also in 1975, petitioner paid $ 51 to a coworker as his one-half share of the cost of certain tax books that they purchased jointly. Petitioner used those tax books to prepare his 1975 tax return. Held: The $…
1Opinion of the Court
Parker, Judge:
Respondent determined a deficiency of $501 in petitioners’ Federal income taxes for the year 1975. The issues for decision are:(1) Whether $2,000 paid in 1975 for materials dealing with establishment of a family trust is deductible by petitioners under section 2121 or section 162; and(2) Whether $51 paid in 1975 for tax materials is deductible by petitioners under section 212 (3) and the regulations thereunder.
FINDINGS OF FACT
Some of the facts have been stipulated. The stipulation of facts and the exhibits attached thereto are incorporated by this reference.
Petitioners Louis P.…
2Cases cited6 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Frank v. CommissionerUnited States Tax Court · 1953
- Beck v. CommissionerUnited States Tax Court · 1950
- Merians v. CommissionerUnited States Tax Court · 1973
- Doran S. Weinstein and Jean S. Weinstein v. The United StatesUnited States Court of Claims · 1970
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3Cited by37 opinions
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- Nicolazzi v. CommissionerUnited States Tax Court · 1982
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