 | United States. Court of Claims, Audrey Bernhardt - 1954 - 918 էջ
...by the estate during the period of administration (and 1 Section 162 (b) provides : There shall be allowed as an additional deduction in computing the...the estate or trust for Its taxable year which is to be distributed currently by the fiduciary to the legatees, heirs, or beneficiaries, but the amount... | |
 | United States. Court of Claims - 1948 - 886 էջ
...acquisition, maintenance or operation of a public cemetery not operated for profit : (b) There shall be allowed as an additional deduction in computing the...the estate or trust for Its taxable year which is to be distributed currently by the fiduciary to the beneficiaries, and the amount of the income collected... | |
 | United States. Court of Claims - 1937 - 786 էջ
...individual, except that there shall be allowed as an additional deduction, in computing the net income of the trust, the amount of the income of the estate or trust for its taxable year which is to l>e distributed currently to the beneficiary. The gain of $44.470.9-4 involved in this case was... | |
 | United States. Court of Claims - 1945 - 952 էջ
...BTA 25. But section 162 (b) says that if the trustees may deduct the payment from the trust income, "the amount so allowed as a deduction shall be included in computing the net income of the beneficiaries." We understand the plaintiffs' contention to be that, for this purpose,... | |
 | United States. Court of Claims, Audrey Bernhardt - 1949 - 832 էջ
...the fiduciary to the beneficiaries" under Internal Revenue Code, § 162 (b), nor "income of the * * * trust for its taxable year which is properly paid or credited during such Opinion of the Court year to any * * * beneficiary" under Internal Revenue Code, § 162 (c) , and hence... | |
 | United States. Court of Claims - 1928 - 766 էջ
...is in the instant case the trust created by the will. Subsoction (b) of section 219 in providing for an' additional deduction in computing the net income of the estate or trust refers to " the will or deed creating the trust," showing that reference must be had to the instrument... | |
 | United States. Court of Claims, Audrey Bernhardt - 1951 - 916 էջ
...fiduciary, but there shall be included in computing the net income of each beneficiary that part of the income of the estate or trust for its taxable year which, pursuant to the instrument or order governing the distribution, is distributable to such beneficiary,... | |
 | 1926 - 1144 էջ
...imposed, and shall be paid by the fiduciary in accordance with subdivision (c), except that there shall be allowed as an additional deduction in computing the net income of the estate or trust that part of its income of the class described in paragraph (4) of subdivision (a) which, pursuant... | |
 | United States - 1921 - 642 էջ
...but there shall be included in com- wcom TAX. puting the net income of each beneficiary that part of the income of the estate or trust for its taxable year which, pursuant to the instrument or order governing the distribution, is distributable to such beneficiary,... | |
 | United States - 1922 - 756 էջ
...imposed, and shall be paid by the fiduciary in accordance with subdivision (c), except that there shall be allowed as an additional deduction in computing the net income of the estate or trust that part of its income of the class described in paragraph (4) of subdivisions (a) which, pursuant... | |
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There shall be allowed as an additional deduction in computing the net income of the estate or trust the amount of the income of the estate or trust for its taxable year which is to be distributed currently... 
