Tullgren v. Commissioner
United States Board of Tax Appeals
ANNUITIES - CHARGE ON LAND DEVISED. - By the will of petitioners' father an annuity 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 annuity 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 first against the income from the property and as to any arrearage against the corpus, and the income in the several years in question being less than the amount of the annuity, none of it represented income taxable to petitioners. Further, held, that payments from personal funds by petitioners of arrearages…
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
14 B.T.A. 915; 1928 BTA LEXIS 2884;
December 26, 1928, Promulgated
ANNUITIES - CHARGE ON LAND DEVISED. - By the will of petitioners' father an annuity 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 · 1928