SOHOSKY v. C. I. R.

No. 72-1195.

473 F.2d 810 (1973)

Henry W. SOHOSKY et al., Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided February 14, 1973.


Attorney(s) appearing for the Case

L. Thomas Elliston, Webb City, Mo., for appellants.

Richard Halberstein, Atty., Tax Div., U.S. Dept. of Justice, Washington, D.C., for appellee.

Before GIBSON and LAY, Circuit Judges, and DURFEE, Court of Claims Judge.


GIBSON, Circuit Judge.

Appellants appeal an adverse decision of the United States Tax Court reported at 57 T.C. 403.

The appellants (taxpayers) had sought to amortize a life estate per autre vie in certain corporate stocks as a wasting asset. The Commissioner found tax deficiencies in the amount of the deduction and that determination was found to be correct by the Tax Court in an opinion authored by the Honorable Bruce...

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