Buras v. Commissioner
United States Tax Court
Held, petitioner, an insurance agent, has failed to establish his treatment in 1966 of premiums belonging to his underwriter which he wrongfully retained; the necessary elements to sustain an office-in-home deduction; that he furnished more than one-half of6his mother-in-law's support; and that his mother-in-law was a "qualifying individual" under sec. 214(b)(1). Accordingly petitioner is not allowed a deduction upon repayment, in a later year, of misappropriated funds, is…
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Held, petitioner, an insurance agent, has failed to establish his treatment in 1966 of premiums belonging to his underwriter which he wrongfully retained; the necessary elements to sustain an office-in-home deduction; that he furnished more than one-half of6his mother-in-law's support; and that his mother-in-law was a "qualifying individual" under sec. 214(b)(1). Accordingly petitioner is not allowed a deduction upon repayment, in a later year, of misappropriated funds, is not entitled to a deduction for an office-in-home in excess of the amount allowed by respondent, cannot claim his…
1Opinion of the Court
RODNEY A. AND DOROTHY M. BURAS, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Buras v. Commissioner
Docket No. 1118-76
United States Tax Court
T.C. Memo 1977-325; 1977 Tax Ct. Memo LEXIS 118; 36 T.C.M. (CCH) 1311; T.C.M. (RIA) 770325;
September 21, 1977, Filed
Held, petitioner, an insurance agent, has failed to establish his treatment in 1966 of premiums belonging to his underwriter which he wrongfully retained; the necessary elements to sustain an office-in-home deduction; that he furnished more than one-half of6his mother-in-law's support; and that his mother-in-law was a…
2Cases cited15 opinions
- Automobile Club of Mich. v. CommissionerSupreme Court of the United States · 1957
- James v. United StatesSupreme Court of the United States · 1961
- Burnet v. Sanford & Brooks Co.Supreme Court of the United States · 1931
- Arrowsmith v. CommissionerSupreme Court of the United States · 1952
- United States v. Skelly Oil Co.Supreme Court of the United States · 1969
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