Respondent determined a deficiency in the amount of $531.03 for the taxable year 1949, based upon a recomputation of foreign tax credits claimed in petitioner's income tax return for that year. Petitioner concedes the correctness of this determination but asserts an overpayment of income tax for the same year in the amount of $2,278.04 on the ground that she is entitled to a deduction for trustee's commissions in excess of the amount claimed in her return.
Petitioner...
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.
