ESTATE OF HELLSTROM v. COMMISSIONER

Docket No. 52812.

24 T.C. 916 (1955)

ESTATE OF ARTHUR W. HELLSTROM, DECEASED, SELMA M. HELLSTROM, EXECUTRIX AND SELMA M. HELLSTROM, INDIVIDUALLY, PETITIONERS, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed August 19, 1955.


Attorney(s) appearing for the Case

Jacob Logan Fox, Esq., and Thane T. Swartz, Esq., for the petitioners.

J. Bruce Donaldson, Esq., for the respondent.


This proceeding involves a deficiency of $10,742.42 for the year 1952 determined by the respondent against the Estate of Arthur W. Hellstrom and his surviving spouse, Selma M. Hellstrom (hereinafter referred to as the petitioner). The estate is involved in this proceeding only because a joint return was filed for that year.

The only issue is whether the amount of $28,933.32, paid to petitioner in 1952 by the corporation of which her deceased husband had been president...

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