FOGLE v. COMMISSIONER

Docket No. 2579-64.

25 T.C.M. 785 (1966)

T.C. Memo. 1966-148

Nathan Fogle and Betty Ruth Fogle v. Commissioner.

United States Tax Court.

Filed June 27, 1966.


Attorney(s) appearing for the Case

George M. Mott, 17 W. Market, Indianapolis, Ind., for the petitioners. Bernard J. Boyle, for the respondent.


Memorandum Findings of Fact and Opinion

SIMPSON, Judge:

The issues for decision in this case are: (1) Whether the petitioners constructively received their share of the proceeds of the sale of property in which they had an interest and their share of rental income from such property when they refused to accept the checks that were offered to them, because they believed that the acceptance of such checks would prejudice their right to challenge the validity...

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