Estate of Emanuel Trompeter, Deceased, Robin Carol Trompeter Gonzalez and Janet Ilene Trompeter Polachek - Page 1

                                 T.C. Memo. 1998-35                                   


                               UNITED STATES TAX COURT                                


         ESTATE OF EMANUEL TROMPETER, DECEASED, ROBIN CAROL TROMPETER                 
          GONZALEZ AND JANET ILENE TROMPETER POLACHEK, CO-EXECUTORS,                  
          Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent.                 


               Docket No.  11170-95.         Filed January 27, 1998.                  


                    D died on Mar. 18, 1992, and his Federal estate                   
               tax return reported the value of his estate (E) on the                 
               alternate valuation date.  R determined higher values                  
               for many of the reported assets, assigned values for                   
               unreported assets, and disallowed certain deductions.                  
               R also determined that E was liable for the fraud                      
               penalty under sec. 6663(a), I.R.C.  Held: Taxable                      
               estate redetermined, including redeterminations of fair                
               market value.  Held, further, E is liable for the fraud                
               penalty.                                                               












Page:   1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  Next

Last modified: May 25, 2011