WATSON v. COMMISSIONER

Docket Nos. 2039-75, 2318-75, 2320-75, 2693-76.

36 T.C.M. 1084 (1977)

T.C. Memo. 1977-268

Joyce Karbach Watson, Transferee, et al. v. Commissioner.

United States Tax Court.

Filed August 15, 1977.


Attorney(s) appearing for the Case

Robert W. Simmer Fannin BK Bldg., Houston, Tex., for the petitioners in Docket Nos. 2039-75, 2320-75, and 2693-76. Joe H. Reynolds, 16th Fl., 1100 Milam Bldg., Houston, Tex. and Henry A. Sauer, Jr., for the petitioner in Docket No. 2318-75. William T. Overton, for the respondent.


Memorandum Findings of Fact and Opinion

TANNENWALD, Judge:

Respondent determined an estate tax deficiency in the amount of $172,476.76 against the Estate of Thomas Douglas Watson, Jr., petitioner in docket No. 2320-75, and determined that W. Harold Sellers, petitioner in docket No. 2318-75, and Joyce Karbach Watson, petitioner in docket No. 2039-75, were each liable as transferees of the estate for the same amounts. Respondent further determined a gift tax...

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