1925 BTA LEXIS 2169 | B.T.A. | 1925
Lead Opinion
The taxpayer appeals from the determination of a deficiency of $586.71 in income tax for the calendar year 1919.
FINBINGS OF FACT.
1. The taxpayer is an individual residing at Oakland, Calif.
2. Some time prior to 1919 the taxpayer and his seven brothers and sisters inherited from their parents an estate consisting of a large orchard. The estate was not divided but, for a number of years, and during 1919, was held by the eight brothers and sisters as tenants in common. The actual operation of the orchard was conducted by a superintendent, Alfred Gallagher, who was one of the brothers and who was paid compensation therefor.
3. A distribution of profits is made on March 1 of each year by the superintendent to each of the brothers and sisters and their heirs.
5. The taxpayer filed his income-tax return for 1919 on a cash receipts and disbursements basis.
DECISION.
The determination of the Commissioner is approved.