McQuiston v. Commissioner
United States Tax Court
By Memorandum Opinion filed July 6, 1977 this Court set forth the adjustments to petitioners' 1967 and 1968 Federal income tax returns that were agreed to by petitioners and respondent. Such Memorandum Opinion formed the basis for the computations under Rule 155 submitted by the parties.
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By Memorandum Opinion filed July 6, 1977 this Court set forth the adjustments to petitioners' 1967 and 1968 Federal income tax returns that were agreed to by petitioners and respondent. Such Memorandum Opinion formed the basis for the computations under Rule 155 submitted by the parties. The computations differed with respect to the proper method of computing (1) petitioners' 1967 Federal tax liability under the income averaging provisions (secs. 1301 through 1305, I.R.C. 1954); (2) petitioners' 1968 Federal tax refund resulting from an NOL carryback; and (3) petitioners' liability, if any,…
1Opinion of the Court
J. H. McQUISTON AND DOROTHY T. McQUISTON, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent.
McQuiston v. Commissioner
Docket No. 7290-70.
United States Tax Court
T.C. Memo 1981-434; 1981 Tax Ct. Memo LEXIS 305; 42 T.C.M. (CCH) 719; T.C.M. (RIA) 81434;
August 17, 1981.
By Memorandum Opinion filed July 6, 1977 this Court set forth the adjustments to petitioners' 1967 and 1968 Federal income tax returns that were agreed to by petitioners and respondent. Such Memorandum Opinion formed the basis for the computations under Rule 155 submitted by the parties. The computations differed with…
2Cases cited5 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Tebon v. CommissionerUnited States Tax Court · 1970
- Beckman v. United StatesDistrict Court, D. Kansas · 1975
- Redpath v. CommissionerUnited States Tax Court · 1952
- Payne v. United StatesUnited States Court of Claims · 1974