ESTATE OF HOLMES v. COMMISSIONER

Docket No. 27129-89.

62 T.C.M. 839 (1991)

T.C. Memo. 1991-477

Estate of Roy E. Holmes, Deceased, Shirley Poisl, Personal Representative v. Commissioner.

United States Tax Court.

Filed September 26, 1991.


Attorney(s) appearing for the Case

Robert E. Sharp, P.O. Box 696, Racine, Wis., for the petitioner. J. Paul Knap, for the respondent.


Memorandum Findings of Fact and Opinion

COHEN, Judge:

Respondent determined a deficiency of $105,696 in petitioner's Federal estate tax. After a stipulation of settled issues, the remaining issues for decision are: (1) Whether property reported on Schedule A of petitioner's Federal estate tax return was properly included in the gross estate, (2) whether the transfer of certain property by decedent to his daughter was partly a gift and partly a sale or, alternatively...

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