# Stockbridge v. Commissioner

> United States Board of Tax Appeals · July 11, 1925 · 2 B.T.A. 327

URL: https://www.frixlaw.com/law-library/cases/4490682

## Case

- **Full name:** APPEALS OF M. C. STOCKBRIDGE, MRS. M. C. STOCKBRIDGE, MRS. ALICE D. HENDERSON, S. H. HENDERSON, JR., MRS. S. H. HENDERSON, JR.
- **Court:** United States Board of Tax Appeals
- **Decided:** July 11, 1925
- **Citations:** 2 B.T.A. 327; 1925 BTA LEXIS 2461
- **Precedential status:** Published
- **Opinion:** Opinion of the court by Ivins
- **Judges:** Ivms, Morris, Ivins
- **Cited by:** 0 later opinions in the Frix Law Library

## Citator (automated)

- No negative treatment found by the automated citator. That is not the same as a confirmation that the case is good law; read the citing cases.
- Full citator and citing cases: https://www.frixlaw.com/law-library/cases/4490682

## Opinion text

*328 OPINION.
Ivins:
We are satisfied by evidence submitted by the taxpayers-,, and uncontroverted, that depreciation should be allowed the partnership for the fiscal year ended June 30, 1919, in the amount of $29,698.73.
The item of $22,000 was not a proper deduction for the fiscal year in question. At the end of that year it represented not an accrued liability but a reserve.
During the fiscal year in question claims existed only in contemplation, not in fact. They did not arise and so accrue until after the-close of the fiscal year. Appeal of Consolidated Asphalt Co., 1 B. T. A. 79; Appeal of Henry Reubel, 1 B. T. A. 676; Appeal of Uvalde Co., 1 B. T. A. 932; Appeal of William J. Ostheimer, 1 B. T. A. 18.

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Source: Frix Law Library, https://www.frixlaw.com/law-library/cases/4490682. Public record. Not legal advice.