ESTATE OF LION v. COMMISSIONER

Docket No. 5114-67.

52 T.C. 601 (1969)

ESTATE OF GLORIA A. LION, DECEASED, MORTON E. ROME AND GEORGE L. CLARKE, EXECUTORS, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed June 30, 1969.


Attorney(s) appearing for the Case

Robert P. Mittelman, for the petitioners.

George K. Dunham, for the respondent.


OPINION

KERN, Judge:

The respondent has determined a gross deficiency in Federal estate taxes in the amount of $129,113.77 and a net deficiency of $69,016.76 upon allowing additional credit for State death taxes allowable if substantiated in the amount of $60,097.01.

Petitioner does not contest any of the adjustments in decedent's taxable estate made by respondent in his "Statement" attached to the...

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