FARACO v. COMMISSIONER

Docket No. 65034.

29 T.C. 674 (1958)

ANTOINETTE M. FARACO, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed January 23, 1958.


Attorney(s) appearing for the Case

David R. Shelton, Esq., for the petitioner.

George H. Becker, Esq., for the respondent.


OPINION.

MULRONEY, Judge:

The respondent determined a deficiency in the income tax of petitioner for the year 1954 in the amount of $364.20. Petitioner either does not contest or concedes the correctness of the adjustments upon which the deficiency is based and the only question for determination is whether the basis for depreciation of certain real estate should be the cost of such property at the time it was acquired by the petitioner and her late...

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