McMillan v. Comm'r
United States Tax Court
R determined deficiencies in P's 2007 and 2008 Federal income tax. P and R dispute whether P is entitled to deduct expenses in excess of the gross income from her horse activity, whether the death of P's stallion was a casualty loss, and whether P is entitled to deduct legal and professional expenses. Held: P is not entitled to deductions for the expenses incurred in her horse activity for the 2007 and 2008 tax years.
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R determined deficiencies in P's 2007 and 2008 Federal income tax. P and R dispute whether P is entitled to deduct expenses in excess of the gross income from her horse activity, whether the death of P's stallion was a casualty loss, and whether P is entitled to deduct legal and professional expenses. Held: P is not entitled to deductions for the expenses incurred in her horse activity for the 2007 and 2008 tax years. Held further, the death of P's stallion was not a casualty loss in the 2008 tax year. Held further, P is not entitled to deduct the disputed legal and professional expenses for…
1Opinion of the Court
DENISE CELESTE MCMILLAN, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
McMillan v. Comm'r
Docket No. 4590-11
United States Tax Court
T.C. Memo 2013-40; 2013 Tax Ct. Memo LEXIS 41; 105 T.C.M. (CCH) 1263;
February 7, 2013, Filed
An appropriate order will be issued, and decision will be entered under Rule 155.
R determined deficiencies in P's 2007 and 2008 Federal income tax. P and R dispute whether P is entitled to deduct expenses in excess of the gross income from her horse activity, whether the death of P's stallion was a casualty loss, and whether P is entitled to deduct legal and…
2Cases cited19 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Deputy, Administratrix v. Du PontSupreme Court of the United States · 1940
- Freytag v. CommissionerSupreme Court of the United States · 1991
- HIGBEE v. COMMISSIONER OF INTERNAL REVENUEUnited States Tax Court · 2001
- Commissioner v. HeiningerSupreme Court of the United States · 1943
14 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- McMillan v. Comm'rUnited States Tax Court · 2015