United States Tax Court November 29, 1982, Docket No. 9132-78 (WOLFSON v. COMMISSIONER)

JACK WOLFSON, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent WOLFSON v. COMMISSIONER Docket No. 9132-78 United States Tax Court T.C. Memo 1982-698; 1982 Tax Ct. Memo LEXIS 63; 45 T.C.M. (CCH) 244; T.C.M. (RIA) 82698; November 29, 1982. *63 Petitioner transferred a diamond engagement ring and a ring guard to G, a woman he was dating.