ESTATE OF JOSLYN v. COMMISSIONER

Docket No. 5591-67.

57 T.C. 722 (1972)

ESTATE OF MARCELLUS L. JOSLYN, ROBERT D. MacDONALD, EXECUTOR, PETITIONER v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT

United States Tax Court.

Filed March 9, 1972.


Attorney(s) appearing for the Case

Malcolm George Smith, for the petitioner.

Allan D. Teplinsky and Norman H. McNeil, for the respondent.


SIMPSON, Judge:

The respondent determined a deficiency in the Federal estate tax of the Estate of Marcellus L. Joslyn in the amount of $150,710.74. A number of issues have been settled; the issue remaining for decision is whether certain expenses incurred in connection with the sale of stock, having been allowed as a reduction in the value of the stock to be included in the gross estate, are also deductible as expenses of administration under section 2053 of...

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