Legal Opinion
Friedman v. Commissioner
Court of Appeals for the Fourth Circuit
Decided March 3, 1989No. 87-1154PublishedCited by 36 opinions
1Opinion of the Court
ERVIN, Circuit Judge:
The appellants herein all claimed ordinary loss deductions on their 1976 income tax returns as a result of losses incurred in London options transactions. The Commissioner challenged these deductions, and assessed deficiencies against each of the appellants for the 1976 tax year. The Tax Court found in favor of the Commissioner. We affirm the decisions of the Tax Court.
I
The instant case is one of several appeals taken from decisions entered pursuant to the United States Tax Court’s opinion in Glass v. Commissioner, 87 T.C. 1087 (1987). Appeals were filed in ten of the…
2Cases cited15 opinions
- Gregory v. HelveringSupreme Court of the United States · 1935
- Chrysler Corp. v. BrownSupreme Court of the United States · 1979
- Helvering v. National Grocery Co.Supreme Court of the United States · 1938
- Rice's Toyota World, Inc. (Formerly Rice Auto Sales, Inc.) v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1985
- Regan v. WaldSupreme Court of the United States · 1984
10 more not listed; retrieve them via the Exa API.
3Cited by36 opinions
- Halpern v. CommissionerUnited States Tax Court · 1991
- Russo v. CommissionerUnited States Tax Court · 1992
- Stanley R. Kielmar and Carol J. Kielmar v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1990
- Edward E. Lee, Jr. And Betty J. Lee v. Commissioner of Internal Revenue, Gerard J. Schmidt and Mary A. Schmidt v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 1989
- Marine v. CommissionerUnited States Tax Court · 1989
31 more not listed; retrieve them via the Exa API.