CRABTREE, J.T.C.
Plaintiffs seek review of defendant's denial of their respective claims for refund of gross income tax for taxable year 1987. Plaintiffs claim that they received no tax benefit from partnership losses sustained in prior years and, therefore, the income they realized in a certain foreclosure sale should be reduced.
All the relevant facts have been stipulated and the case is submitted pursuant to R. 8:8-1(b).
At all times pertinent...
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.