AUGUSTUS N. HAND, Circuit Judge.
The question before us is whether the plaintiffs' testator, Richard T. Wilson, Jr., was entitled to claim a deduction in his personal income tax return for 1922 by reason of a sale made in that year at a loss by the executors of the will of his father, Richard T. Wilson, Sr. The sale was of real estate, in which the son had an undivided fifth interest. The Commissioner of Internal Revenue disallowed the loss which Wilson had claimed...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.