1. Home
  2. Browse Decisions
  3. T.C.
  4. 12 T.C.
  5. 12 T.C. 146 (1949)
 

MAIATICO v. COMMISSIONER

Docket No. 10393.

12 T.C. 146 (1949)

JERRY MAIATICO, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Promulgated February 9, 1949.

Attorney(s) appearing for the Case

John E. Shea, Esq., and George E. McMurray, Jr., Esq., for the petitioner.

Elmer L. Corbin, Esq., for the respondent.

The Commissioner determined a deficiency in petitioner's income and victory tax liability for 1943 in the amount of $19,810.25. The question to be determined is whether there is includible in petitioner's income for 1942 and 1943 rental income of $16,105.60 and $29,360.11, respectively, reported in partnership returns for 1942 and 1943 as distributable to trusts created by petitioner on January 2, 1941, for the benefit of each of his four minor children.

FINDINGS...

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