Case Name: Appeals of ELIZABETH M. ABELL, ELIZABETH M. ABELL, WALTER W. ABELL, MARY ABELL MORGAN, and MARY ABELL MORGAN
Court: United States Board of Tax Appeals
Jurisdiction: United States
Decision Date: 1926-04-23
Citations: 4 B.T.A. 87
Docket Number: Docket Nos. 2693-2697
Parties: Appeals of ELIZABETH M. ABELL, ELIZABETH M. ABELL, WALTER W. ABELL, MARY ABELL MORGAN, and MARY ABELL MORGAN.
Judges: Before Stbknhacen, Lansdon, Geeen, and Love.
Reporter: Reports of the United States Board of Tax Appeals
Volume: 4
Pages: 87–91

Head Matter:
Appeals of ELIZABETH M. ABELL, ELIZABETH M. ABELL, WALTER W. ABELL, MARY ABELL MORGAN, and MARY ABELL MORGAN.
Docket Nos. 2693-2697.
Submitted May 25, 1925.
Decided April 23, 1926.
Haines II. Ilargrett, Esq., for the taxpayers.
Ellis W. Manning, Esq., for the Commissioner.
Before Stbknhacen, Lansdon, Geeen, and Love.

Opinion:
OPINION.
SteRnhagen:
The issue upon which the determination of these appeals rests is the same in all respects as that decided by the Board in the Appeals of Louise P. V. Whitcomb et al., 4 B. T. A. 80, and, upon the authority of that decision, the Commissioner's position in respect of the right of beneficiaries to take deductions for capital losses is sustained. The deficiencies of the present petitioners should therefore be computed in accordance with the rule announced in that decision.
Order of redetemnination will be entered on 15 days' notice, under Rule 50.