1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 71 T.C.M.
  5. 71 T.C.M. 2823 (1996)
 

MARCUS v. COMMISSIONER

Docket No. 8403-94.

71 T.C.M. 2823 (1996)

T.C. Memo. 1996-190

M. Bennett Marcus and Maria F. Marcus v. Commissioner.

United States Tax Court.

Filed April 22, 1996.

Attorney(s) appearing for the Case

Robert C. Forst, Los Angeles, Calif., for the petitioners. Lisa W. Kuo, for the respondent.

MEMORANDUM FINDINGS OF FACT AND OPINION

VASQUEZ, Judge:

Respondent determined a deficiency in petitioners' 1990 Federal income tax in the amount of $16,532 and a penalty under section 6662(a)1 in the amount of $3,306. After concessions,2 the issues for decision are:

(1) Whether $37,898 received by petitioners was a tax-free inheritance under section 102(a) or the proceeds from the sale of...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases