Herndon v. Commissioner

7 T.C.M. 125, 1948 Tax Ct. Memo LEXIS 247
CourtUnited States Tax Court
DecidedFebruary 26, 1948
DocketDocket Nos. 12587, 12588, 12589, 12590.
StatusUnpublished

This text of 7 T.C.M. 125 (Herndon 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
Herndon v. Commissioner, 7 T.C.M. 125, 1948 Tax Ct. Memo LEXIS 247 (tax 1948).

Opinion

Gilbert Herndon v. Commissioner. G. Herndon v. Commissioner. Sarah Herndon v. Commissioner.
Herndon v. Commissioner
Docket Nos. 12587, 12588, 12589, 12590.
United States Tax Court
1948 Tax Ct. Memo LEXIS 247; 7 T.C.M. (CCH) 125; T.C.M. (RIA) 48030;
February 26, 1948
Homer J. Fisher, Esq., for the petitioners. J. Marvin Kelley, Esq., for the respondent.

HARLAN

Memorandum Findings of Fact and Opinion

HARLAN, Judge: These cases, which have been consolidated, involve proposed deficiencies in income taxes for the years 1942, 1943 and 1944 as follows:

Deficiency
Docket No.Yeardetermined
125871942 and 1943$4,177.20
125881942 and 19434,177.81
1258919445,753.45
1259019445,758.45

The questions involved are: (1) *249 May petitioners receive a tax benefit by the deduction from their community income of a percentage of Gilbert Herndon's income from a partnership business, which deduction represented commissions paid by Gilbert Herndon to his own son, Milton Herndon, as compensation for work performed by Milton for the partnership; (2) If such deduction is allowable was a commission of 20 per cent of Gilbert Herndon's partnership share reasonable in amount.

Findings of Fact

Petitioners are husband and wife and reside in Dallas, Texas. They filed separate income tax returns for the taxable years on the community property basis.

Gilbert Herndon (designated as G. Herndon in Docket No. 12589), hereinafter referred to as petitioner, has been engaged in the produce business since 1911. Prior to 1942 his business consisted principally in buying and selling eggs and poultry. Before 1936 his business was located at Fort Worth, Texas. In 1936 he formed a partnership with his brother, D. C. Herndon, and moved to Dallas where the business was continued as a partnership under the name of Herndon Produce Company. D. C. Herndon owned a sixty per cent interest in the partnership and the petitioner owned a forty*250 per cent interest. D. C. Herndon financed the business; he was not an experienced poultry and egg man.

Milton Herndon, son of petitioner, worked in the business during his vacations while in high school. He finished high school in 1928 at the age of 18 and thereafter worked regularly with his father in the poultry business, except that in 1931 and 1932 he attended North Texas Agricultural College and in 1937 and 1938 he attended Texas University.

In 1938 the petitioner was injured and was unable to work in the business for about one year. During this time the business was operated by Milton and D. C. Herndon. After he recovered petitioner resumed his duties in the business.

In 1932 and 1933 Milton worked four or five months in egg drying plants in Fort Worth and Abilene, Texas, and acquired a working knowledge of the egg drying business and the machinery necessary in the construction of such plants. In 1941 he was employed as bookkeeper by the Herndon Produce Company at a salary of $1,550 a year. In the latter part of that year he persuaded the firm to go into the egg drying business.

In the latter part of 1941 and the early part of 1942, the Dennison Poultry Company was engaged*251 in constructing an egg drying plant at Birmingham, Alabama. Milton Herndon was offered employment as manager of the plant at a salary of $100 a week plus 10 per cent of the net profits, but he did not accept the offer. One Harry Winn was then employed as manager of the Birmingham plant at a salary of $100 per week and 10 per cent of the net profits. Under this agreement he received total compensation for 1943 of approximately $13,000 and for 1944 of approximately $34,800. The Dennison plant at Birmingham, Alabama, was similar in size and capacity to the egg drying plant of the Herndon Produce Company at Dallas.

On December 31, 1941, petitioner and his son, Milton, executed an agreement as follows:

"STATE OF TEXAS COUNTY OF DALLAS

"WHEREAS, D. C. Herndon and Gilbert Herndon d/b/a Herndon Product Company, are engaged in the produce business and the egg drying business at 2701 and 2116 Canton Street, in the City of Dallas, Texas and,

"WHEREAS, M. H. Herndon, son of Gilbert Herndon, is employed by said produce company on a salary basis only and,

"WHEREAS, it is considered by G. Herndon of said partnership of D. C.Herndon and G. Herndon that M. H. Herndon is of great value and*252 assistance to said business at this time and has, heretofore, for many years contributed valuable services to said partnership and to him for which he has not been adequately compensated and that his salary has not been commensurate with the time and efforts expended by him.

"NOW THEREFORE, for and in consideration of the services heretofore rendered and the services to be rendered, and the further consideration of the love and affection which G. Herndon has for his son, M. H. Herndon, it is mutually agreed by and between G. Herndon and M. H. Herndon that the said M. H. Herndon shall receive, in addition to all salaries and compensations from said partnership of Herndon Produce Company, the further sum of 20% of all net profits received from said business by the said G. Herndon during the calendar year of 1942, commencing with January 1, 1942 and ending with December 31, 1942. This agreement shall be contingent upon the said M. H. Herndon remaining in the employ of Herndon Produce Company during the calendar year of 1942, and in the event such employment shall come to an end prior to December 31, 1942, this agreement shall become null and void.

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7 T.C.M. 125, 1948 Tax Ct. Memo LEXIS 247, Counsel Stack Legal Research, https://law.counselstack.com/opinion/herndon-v-commissioner-tax-1948.