gross estate deductions
24 F.3d 480 (3rd Cir. 1994), 92-1498, Kline v. First Western Government Securities, Inc.
... income tax filings, and had their deductions disallowed by the IRS. Kline and ... determined by the general partner" is so grossly misleading as to constitute actionable fraud in ... in the offering of interests in a real estate limited partnership. Plaintiffs "sought to ...
- 26 CFR 20.6163-1 - Extension of time for payment of estate tax on value of reversionary or remainder interest in property
87 T.C. 1087 (1986), 4054-79, Glass v. C.I.R.
..., Rothmetal paid Greenberg 15 percent of the gross commissions earned on business he introduced to ...estate, securities or commodity future contracts. A ‘ ... 108 to require the allowance as deductions" of taxpayer's gold straddle trading losses. \xC2"...
91 T.C. 329 (1988), 9208-87, Estate of Howard v. C.I.R.
...Included in Howard's gross estate for Federal estate tax purposes was the value of a trust which he ...Section 2051 defines taxable estate as the gross estate less deductions. ‘ The value of the gross estate shall include the value of all property ...
503 F.3d 955 (9th Cir. 2007), 05-75957, Estate of Bigelow v. Commissioner of Internal Revenue
...§ 2036(a), which recaptures in a decedent's gross estate the value of certain assets transferred inter vivos. Upon Ms. ..." is defined as "the value of the gross estate," less applicable deductions, id. § 2051, where the value of the "gross estate" includes "the value ...
34 T.C. 740 (1960), 41930, Federbush v. C. I. R.
..., and the false purchases were taken as deductions. The diversion of funds was not made known to the ..., individually and as administratrix of the estate of her deceased husband, and by Natalie against ..., to the return without any increase in gross income. The evidence to ...
98 T.C. 554 (1992), 27995-89, Frazee v. C.I.R.
... and accountants and decided upon an estate plan to transfer their business to their ...-building ratio, he arrived at an effective gross income of $78,550. Mr. Markley capitalized this ... caused by the mismatch of income and deductions by lenders and borrowers relating to installment ...
- 26 CFR 1.642(c)-6 - Valuation of a remainder interest in property transferred to a pooled income fund
55 T.C. 94 (1970), 1569-68, International Artists, Ltd. v. C.I.R.
... in the latter part of the 1950's, causing gross earnings of the corporation to fall sharply from ... 1965, International Artists claimed deductions in the sums of $42,919.43, $59,307.71, and ... upon the independent appraisal of a real estate expert. This expert did not appear as a witness ...
33 T.C. 801 (1960), 65231, Estate of Roney v. C. I. R.
... filed by the executrix rather than allowed as a deduction from gross estate. All of the facts are stipulated and are so ... Gross estate $1,312,031.95 $1,312,031.95 ( 1 ) . Deductions before marital deduction 116,112.37 116,112.37 ( 1 ) . Adjusted ...
138 T.C. 306 (T.C. 2012), 18911-08, Estate of Turner v. Commissioner of Internal Revenue
... values of those transferred assets are included in the value of his gross estate. The estate requests that we reconsider and/or supplement our ... estate tax proceedings, less the aggregate amount of marital deductions, if any, allowed for such tax purposes by reason of property or interests ...
342 F.3d 85 (2nd Cir. 2003), 01-4189, Estate of Gribauskas v. C.I.R.
... on the value of the taxable estate (defined as the value of the gross estate minus applicable deductions) of every deceased United States ...
67 T.C. 143 (1976), 727-72, Estate of Temple v. C.I.R.
... journal and the returns for the years in issue report the following gross receipts:. 1964 1$382,400.00 . 1965 2270,800.95 . 1966 ... of taxes can be accomplished by an overstatement of deductions. Hicks Co., 56 T.C. 982, 1019 (1971), affd. 470 F.2d 87 (1st Cir. 1972). ...
349 F.3d 850 (5th Cir. 2003), 02-61011, Cook v. Commissioner of I.R.S.
...2003) . Gladys J. COOK, Estate of Gladys J. Cook, Deceased, Verna Lee Steele, ...§ 2001(a), defined as the value of the gross estate less applicable deductions, 26 U.S.C. § ...
399 F.3d 168 (3rd Cir. 2005), 03-2038, Banjo Buddies, Inc. v. Renosky
... disgorge all of the distributions (based on gross sales) made to him as a shareholder in the Bionic ... burden of proof regarding costs and deductions. The District Court rejected the Alpern report's ...Cons.Stat. § 4145(a); In re Estate of Hall, 731 A.2d 617, 622 (Pa.Super. 1999). ...
- 26 CFR 1.443-1 - Returns for periods of less than 12 months
103 T.C. 525 (1994), 19915-92, Lefever v. C.I.R.
... Heir-Transferee of the Assets of the Estate of Blanche Knollenberg, Betty Lou Lefever ..., the estate tax return reported a total gross estate of $379,323, allowable deductions of ...
Estate of Cahill v. Commissioner of Internal Revenue, 061818 FEDTAX, 10451-16
... and (b)(1), for gross valuation misstatements under section. 6662(h), and (in the ... the value of the gross estate after applicable deductions. Sec. 2051. The value of a decedent's gross estate. generally ...
232 F.2d 107 (5th Cir. 1956), 15791, Edwards v. Bromberg
...W. Sam EDWARDS, Administrator of the Estate of Marion H. Allen, Deceased, former Collector of ... that the taxpayer is entitled to deductions for theft losses under the invoked section with ... ' § 23. Deductions from gross income. . 'In computing net income there shall ...
89 T.C. 1207 (1987), 3434-86, Estate of Gagliardi v. C.I.R.
... account and cashed before decedent's death are not includable in the gross estate . HELD FURTHER, the funds represented by checks written on ...Section 2051 defines taxable estate as the gross estate less deductions. ‘ The value of the gross estate shall include the value of all property ...
76 U.S. 788 (1870), Providence Rubber Co. v. Goodyear
... to obtain possession and control of the estate, until he has fulfilled the conditions and given ... The gross amount of sales of articles of both classes was ... up the account the master allowed deductions from profits, for bad debts, for rents, and ...
543 F.2d 657 (9th Cir. 1976), 75-1267, Felder v. United States
... of the Estate of Harry Felder, Jr., Deceased, et . al., ... in cases wherein the gross earnings in question are beyond "the lower or ... 3. Income Tax Deductions. The Government argues that the ...
- 26 CFR 1.641(b)-3 - Termination of estates and trusts
217 U.S. 114 (1910), 119, Southwestern Oil Co. v. Texas
... pay an annual tax of two percent upon their gross receipts from any and all sales in this state of ... upon various products; it may tax real estate and personal property in a different manner; it ... for payment of money; it may allow deductions for indebtedness, or not allow them. All such ...
382 F.3d 367 (3rd Cir. 2004), 03-3173, Estate of Thompson v. C.I.R.
... in the amount of $707,054, applying § 2036(a) to return to the gross estate the full date of death value of the transferred assets. The Tax ..." is defined as "the value of the gross estate," less applicable deductions, id. § 2051, where the value of the "gross estate" includes "the value ...