Hubbard v. United States

ORDER

ROBART, District Judge.

I. INTRODUCTION

This matter comes before the court on cross-motions for summary judgment. Plaintiff Steven Hubbard 1 seeks summary judgment that he is entitled to an income tax refund for the 2000 tax year. (Dkt.# 17). The Government seeks summary judgment that Plaintiff Hubbard is not entitled to a refund. (Dkt.# 22). For the reasons stated below, the court denies Plaintiffs motion and grants the Government’s motion.

II. BACKGROUND

This case arises from Plaintiffs exercise of a stock option that he received in 1996 when PMC-Sierra, Inc. (“PMC-Sierra”) purchased his…