Case Name: Appeal of MAY S. YOUNG, Executrix of the Estate of DAVID G. LEGGETT, Deceased
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1925-12-01
Citations: 3 B.T.A. 193
Docket Number: Docket No. 3847
Parties: Appeal of MAY S. YOUNG, Executrix of the Estate of DAVID G. LEGGETT, Deceased.
Judges: Before Marquette and MoRRis.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 3
Pages: 193–194

Head Matter:
Appeal of MAY S. YOUNG, Executrix of the Estate of DAVID G. LEGGETT, Deceased.
Docket No. 3847.
Submitted July 9, 1925.
Decided December 1, 1925.
Bussell L. Bradford, Esq., for the taxpayer.
E. O. Lake, Esq., for the Commissioner.
Before Marquette and MoRRis.

Opinion:
OPINION.
MaRqijette
: That the New York transfer tax, paid during 1923r is deductible from the gross income of the estate for that period was-decided in Appeal of Farmers Loan & Trust Co., 3 B. T. A. 97; Appeal of Edgar Munson, 3 B. T. A. 185; and Appeal of Joanna Lovett, 3 B. T. A. 192. Upon the authority of those decisions the deficiency must be disallowed.
Since the deduction of $800,000 exceeds the entire net income of the estate for the period in 1923, it is unnecessary for us to decide-the other questions presented for our consideration.