1. Home
  2. Browse Decisions
  3. T.C.
  4. 2 T.C.
  5. 2 T.C. 756 (1943)
 

ESTATE OF FAHNESTOCK v. COMMISSIONER

Docket No. 110172.

2 T.C. 756 (1943)

ESTATE OF HARRIS FAHNESTOCK, DECEASED, GEORGETTE G. V. FAHNESTOCK, HARRIS FAHNESTOCK, JR., AND JAMES F. MIMNAUGH, AS EXECUTORS OF THE LAST WILL AND TESTAMENT OF HARRIS FAHNESTOCK, DECEASED, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated September 27, 1943.

Attorney(s) appearing for the Case

Joseph Lorenz, Esq., and A. W. Siegrist, Esq., for the petitioners.

Thomas R. Charshee, Esq., for the respondent.

This case involves a deficiency in income tax for the taxable period January 1 to October 11, 1939, in the amount of $23,070.94.

The sole issue is whether petitioners are entitled to a bad debt deduction in 1939 and, if so, the extent thereof.

FINDINGS OF FACT.

The petitioners are the executors of Harris Fahnestock, deceased, who died on October 11, 1939. On March 14, 1940, his executors filed their income tax return for the taxable period January...

Let's get started

Leagle.com

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.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases