ESTATE OF NISSEN v. COMMISSIONER

Docket No. 91889.

41 T.C. 522 (1964)

ESTATE OF IDA WRAY NISSEN, DECEASED, WACHOVIA BANK AND TRUST COMPANY, EXECUTOR, PETITIONER, v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed January 16, 1964.


Attorney(s) appearing for the Case

John M. Minor, for the petitioner.

Harvey S. Jackson, for the respondent.


FORRESTER, Judge:

Respondent has determined deficiencies in the income taxes of the estate of Ida Wray Nissen for the years 1956, 1957, and 1958 in the amounts of $12,497.58, $10,901.39, and $11,531.51, respectively. The issue for our decision is whether said estate is entitled to the entire deduction for depreciation of a certain building owned by it.

FINDINGS OF FACT

Some of the facts have been stipulated and are so found.

Ida Wray...

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