Estate of Samuel Goldstein v. Commissioner

6 T.C.M. 899, 1947 Tax Ct. Memo LEXIS 125
CourtUnited States Tax Court
DecidedJuly 30, 1947
DocketDocket No. 11962.
StatusUnpublished

This text of 6 T.C.M. 899 (Estate of Samuel Goldstein v. Commissioner) is published on Counsel Stack Legal Research, covering United States Tax Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Estate of Samuel Goldstein v. Commissioner, 6 T.C.M. 899, 1947 Tax Ct. Memo LEXIS 125 (tax 1947).

Opinion

Estate of Samuel Goldstein, Deceased, Samuel Rubinton, Hannah Sherman, and Sidney Goldstein, Executors v. Commissioner.
Estate of Samuel Goldstein v. Commissioner
Docket No. 11962.
United States Tax Court
1947 Tax Ct. Memo LEXIS 125; 6 T.C.M. (CCH) 899; T.C.M. (RIA) 47220;
July 30, 1947
Meredith M. Daubin, Esq., 1111 Munsey Bldg., Washington, D.C., for the petitioner. Sheldon V. Ekman, Esq., for the respondent.

DISNEY

Memorandum Findings of Fact and Opinion

DISNEY, Judge: This case involves a 25 per cent penalty added to estate tax. The total amount of penalty was $11,412.23, of which $9,058.98 had been assessed, leaving a deficiency of $2,353.25 involved herein. The question presented is whether the petitioner has shown reasonable cause for failure to file timely estate tax return.

Findings of Fact

1. Samuel Goldstein died on August 13, 1941. Samuel Rubinton, Hannah Sherman and Sidney Goldstein are executors of his estate.

2. Within the statutory period of two months and on November 1, 1941, the executors gave notice to the collector by filing Form 704, reporting a gross estate*126 of $269,000.

3. On November 20, 1942, the Commissioner granted an extension of time of three months from November 13, 1942, within which to file an estate tax return. The Commissioner's letter stated in part:

"As it appears that it was impossible to file a reasonably complete return on the due date, an extension of three months from November 13, 1942 is hereby granted. A return as complete as possible should be filed before the expiration of this extension period which is the maximum time that may be granted under the provisions of the law and regulations."

4. The estate tax return, Form 706, consisting of 103 pages, was filed with the collector for the first district of New York on December 14, 1943, after the collector had, on October 28, 1943, written to the petitioner calling attention to the fact that no return had been filed.

5. The estate tax return, after investigation by agents of the Commissioner as to valuations, was accepted as entirely correct as to values and as to the interests owned by the decedent.

6. The preparation of the estate tax return and determination of values involved determination and appraisal of the decedent's interests in 16 parcels of real*127 property and two items of personal property, the total appraised value of such properties being $862,225 and the decedent having varied undivided interests in the different properties so appraised. The appraiser of the real property interests made his affidavit of appraisement on December 8, 1943. The two items of personal property (totaling $775) were appraised on September 13 and 15, 1941, and affidavits of appraisement were made on September 17, 1941, and September 18, 1941, respectively. The appraisals alone did not require all of the two years and four months intervening between decedent's death and the filing of the estate tax return on December 14, 1943.

7. The firm of attorneys who filed the preliminary notice of decedent's death and had charge of preparation of the estate tax return had represented the decedent during his lifetime and has since represented the estate. They had no control over the appraisers. An accurate return could not be filed without the appraisals. The decedent's interests were held by him in various joint ventures with other people. None was in his own name. As to a good many of the properties, there were no complete records showing the extent of decedent's*128 ownership, and complete examinations in the Registrar's office were necessary. In many cases it was necessary to communicate with the decedent's associates and go over the transactions in order to determine his interest.

8. The firm of attorneys who prepared the estate tax return was engaged both in work involving the war effort and other work. About 60 per cent of the firm's time was devoted to non-war matters. There were various changes among attorneys or employees in that office during 1942 and 1943, but out of 29 persons shown on an exhibit listing those persons who left the firm or its employ during the two years, 10 were employed in or after June 1943, and of the 10, five remained until after December 14, 1943, as did one other earlier employed and shown on the list. Eight others out of the 29 had left prior to November 20, 1942. Four persons employed in or after November 1942 (and prior to June 1943) left prior to December 14, 1943, and one attorney employed in February 1942, left in December 1942. Daniel Gutman was employed in May 1942, and took charge of the work in connection with decedent's estate. He was a member of the State Senate and made a campaign for nomination*129 as municipal court judge and left the office when elected, in December 1943, prior to the filing of the estate tax return. In November and December 1942, and generally during the war, the average number of employees in the office was about 12, and about that number remained with the firm during the entire period until after the filing of the estate tax return. The average before the war was 16 or 17. One member of the firm was ill for some time, about 1943 and before the filing of the return.

9. The member of the firm having general charge of the preparation of the return, and who turned the work over to Mr. Gutman under his supervision, was under the impression that "the filing of the estimate was a compliance with the statute." He knew when the return was due, but wanted to file an accurate return not based upon guess work.

10. The estate tax return as filed, reported gross estate of $414,932.43, net estate for basic tax $188,487.25, and net estate for the additional tax $248,487.25. Tax was thereon computed as $36,235.98. The Commissioner determined an estate tax of $45,648.91, or a deficiency of $9,412.98; also a penalty of $11,412.23, of which $9,058.98 was assessed, leaving*130 a deficiency in penalty of $2,353.25. The petition prays for a determination that there is no penalty tax due and for redetermination of the estate tax liability and deficiency.

Opinion

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Related

Flinchbaugh v. Commissioner
1 T.C. 653 (U.S. Tax Court, 1943)
Curie v. Commissioner
4 T.C. 1175 (U.S. Tax Court, 1945)

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Bluebook (online)
6 T.C.M. 899, 1947 Tax Ct. Memo LEXIS 125, Counsel Stack Legal Research, https://law.counselstack.com/opinion/estate-of-samuel-goldstein-v-commissioner-tax-1947.