Security Trust Co. v. Commissioner
This text of 4 B.T.A. 983 (Security Trust Co. v. Commissioner) is published on Counsel Stack Legal Research, covering United States Board of Tax Appeals primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
[984]*984OPINION.
The amount of $1,500 paid by the executor of the estate of Mary Caplis to Thomas Markey, as set forth in the findings of fact, should be allowed as a deduction in determining the net estate subject to the Federal estate tax. At the hearing, the peti; tioners abandoned their claim for the deduction of the amount of $324,825.98, representing the residue of decedent’s estate now held by the Security Trust Co. as trustee under the terms of the decedent’s last will and testament.
Order of redetermination will be entered on 15 days’ notice, under Rule 50.
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Cite This Page — Counsel Stack
4 B.T.A. 983, 1926 BTA LEXIS 2133, Counsel Stack Legal Research, https://law.counselstack.com/opinion/security-trust-co-v-commissioner-bta-1926.