1. Home
  2. Browse Decisions
  3. T.C.
  4. 54 T.C.
  5. 54 T.C. 1049 (1970)
 

HUGHES v. COMMISSIONER

Docket No. 1252-68.

54 T.C. 1049 (1970)

STUART M. HUGHES AND GENEVIEVE O. HUGHES, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed May 21, 1970.

Attorney(s) appearing for the Case

Joseph Curtis, for the petitioners.

Robert E. Lee, for the respondent.

HOYT, Judge:

Respondent determined a deficiency in petitioners' income taxes for the calendar year 1961 in the amount of $7,225.65. The questions presented for decision are as follows:

(1) Whether the gain realized by petitioners on the exchange of land upon which their dwelling house was situated qualifies for nonrecognition under section 1034(a)1 where petitioners acquired and moved into a new place of abode, and moved...

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