McCauley v. Commissioner
United States Tax Court
Petitioner's daughter received funds from scholarships, student loans, and earnings, as well as contributions from petitioner, which she used for her support during 1966. Held, the amounts received as student loans and earnings are not to be disregarded under sec. 152(d), I.R.C. 1954, in computing the amount of the daughter's total support.
Read the full summary
Petitioner's daughter received funds from scholarships, student loans, and earnings, as well as contributions from petitioner, which she used for her support during 1966. Held, the amounts received as student loans and earnings are not to be disregarded under sec. 152(d), I.R.C. 1954, in computing the amount of the daughter's total support. Consequently, petitioner failed to establish that he contributed over half of his daughter's support during 1966, and is not entitled to a dependency exemption deduction for her for that year under secs. 151, 152, I.R.C. 1954.
1Opinion of the Court
Philip J. McCauley, Petitioner v. Commissioner of Internal Revenue, Respondent
McCauley v. Commissioner
Docket No. 4425-69SC
United States Tax Court
56 T.C. 48; 1971 U.S. Tax Ct. LEXIS 152;
April 12, 1971, Filed
Decisions will be entered under Rule 50.
Petitioner's daughter received funds from scholarships, student loans, and earnings, as well as contributions from petitioner, which she used for her support during 1966. Held, the amounts received as student loans and earnings are not to be disregarded under sec. 152(d), I.R.C. 1954, in computing the amount of the daughter's total support.…
2Cases cited5 opinions
- Bingler v. JohnsonSupreme Court of the United States · 1969
- Proskey v. CommissionerUnited States Tax Court · 1969
- Seraydar v. CommissionerUnited States Tax Court · 1968
- Horne v. CommissionerUnited States Tax Court · 1969
- McCauley v. CommissionerUnited States Tax Court · 1971