Jacqueline Sundstrom Trust v. Commissioner

JACQUELINE SUNDSTROM TRUST, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent

Jacqueline Sundstrom Trust v. Commissioner

Docket No. 449-79.

United States Tax Court

T.C. Memo 1981-356; 1981 Tax Ct. Memo LEXIS 381; 42 T.C.M. (CCH) 358; T.C.M. (RIA) 81356;

July 13, 1981.

Albert L. LeDeuc, for the petitioner.

Marc J. Winter, for the respondent.

FAY

MEMORANDUM OPINION

FAY, Judge: Respondent determined that petitioner, as a transferee of assets, is liable for personal holding company tax deficiencies in the transferor's Federal income taxes of $ 5,956 and $ 4,051 for the transferor's taxable years…