EDWARDS v. COMMISSIONER

Docket No. 38029.

22 T.C. 65 (1954)

JESSIE LEE EDWARDS, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed April 16, 1954.


Attorney(s) appearing for the Case

Geo. S. Atkinson, Esq., and Tom B. Rhodes, Esq., for the petitioner.

Paul M. Newton, Esq., for the respondent.


The Commissioner determined a deficiency in income tax for the year ended June 30, 1949, of $6,279.23.

Certain adjustments are not in issue. The principal question is whether a property settlement agreement entered into between petitioner and her husband incident to a divorce proceeding with reference to community property resulted in a partition in which petitioner realized no taxable income, or a purchase and sale in which the husband purchased petitioner's one...

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