MATTER OF WHELAN


107 Misc.2d 82 (1980)

In the Matter of The Estate of Julia Whelan, Deceased.

Surrogate's Court, Bronx County.

November 13, 1980


Attorney(s) appearing for the Case

Bernard Hubscher for petitioner. Frank Giordano for State Tax Commission.


BERTRAM R. GELFAND, S.

In this contested estate tax proceeding, the issue presented is whether the estate is entitled to a deduction in the sum of $12,332.95 for losses arising from the sale of stock during the administration of this estate. The estate defaulted on the return date of the application. With regard to losses incurred during the administration of an estate, the same deductions are allowed on the New York State estate tax return as are allowed...

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