ESTATE OF DAMON v. COMMISSIONER

Docket Nos. 2820-64, 2851-64.

49 T.C. 108 (1967)

ESTATE OF ROBERT HOSKEN DAMON, DECEASED, ROBERT J. C. DAMON AND LESLIE W. DAMON, COEXECUTORS, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT. ESTATE OF ROBERT HOSKEN DAMON, DECEASED, THELMA ELINOR DAMON BUDDINGTON, COEXECUTRIX, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed November 27, 1967.


Attorney(s) appearing for the Case

Bernard Hoban and David H. Nelson, for petitioners.

Donald J. Forman and James F. Kennedy, for respondent.


ATKINS, Judge:

The respondent determined a deficiency in estate tax in the amount of $127,176.42. The petitioners having conceded certain issues and having apparently abandoned others, the issues remaining are: (1) The value of the common stock of Bowser, Inc., owned by the decedent; (2) whether the respondent erred in disallowing a deduction of $630 claimed in the estate tax return for commissions paid for subleasing the decedent's apartment; and (3) whether...

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