Memorandum Findings of Fact and Opinion
FORRESTER, Judge:
Respondent has determined a deficiency in petitioner's Federal income tax for the taxable year 1971 in the amount of $22,357.62. The sole issue presented for our decision is whether a lumpsum distribution to petitioner from a qualified employees' trust was made on account of his "separation from the service" so that the amount of such distribution is long-term capital gain within the meaning of section...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.