Legal Opinion
Humphrey v. United States
District Court, D. Kansas
Decided June 11, 1965No. Civ. A. W-3008PublishedCited by 2 opinions
1Opinion of the Court
WESLEY E. BROWN, District Judge.
This is an action to recover the sum of $7,655.29 paid as deficiency income tax and assessed interest for the years 1957 and 1958.
There are two unrelated issues to be decided by the Court.
1. Whether the petitioners, the grantors of a trust created in 1957, are taxable on the income of said trust for the years 1957 and 1958.
2. Whether the petitioner, Loren R. Humphrey, received dividend income in 1957 in the amount of $2,000, as a result of the transfer of his stock in Humphrey Awnings, Inc., to Humphrey Products, Inc.
The facts have been stipulated and are found…
2Cases cited3 opinions
- Dobson v. CommissionerSupreme Court of the United States · 1944
- Commissioner v. Estate of BedfordSupreme Court of the United States · 1945
- Humphrey v. CommissionerUnited States Tax Court · 1962
3Cited by2 opinions
- Rhoades, McKee, & Boer v. United StatesDistrict Court, W.D. Michigan · 1993
- F. Paul Duffy and Virginia H. Duffy v. United StatesCourt of Appeals for the Sixth Circuit · 1973