Legal Opinion
Warner R. Waddell and Jeanette I. Waddell v. Commissioner of Internal Revenue
Court of Appeals for the Ninth Circuit
Decided February 26, 1988No. 87-7045PublishedCited by 108 opinions
1Per curiam
Warner and Jeanette Waddell appeal from the United States Tax Court’s rede-termination of an income tax deficiency. We consider whether the tax court properly characterized various aspects of the Wad-dells’ investment in computerized electrocardiogram (ECG) terminals.
Facts
In 1980, the Waddells went into the business of leasing ECG terminals and providing related services to health care providers. To that end, they purchased from Comp-U-Med, Inc. and its wholly owned subsidiary, Comp-U-Med Systems, four System 107 Computer ECG Terminals for the stated price of $27,500 each. They made a $2,500…
2Cases cited7 opinions
- Waddell v. CommissionerUnited States Tax Court · 1986
- United States v. Peter Licavoli, Sr.Court of Appeals for the Ninth Circuit · 1979
- Paddack v. Dave Christensen, Inc.Court of Appeals for the Ninth Circuit · 1984
- United States v. Victor Cowley and Michael St. ClairCourt of Appeals for the Ninth Circuit · 1983
- Forward Communications Corp. v. United StatesUnited States Court of Claims · 1979
2 more not listed; retrieve them via the Exa API.
3Cited by108 opinions
- Rybak v. CommissionerUnited States Tax Court · 1988
- Hulter v. CommissionerUnited States Tax Court · 1988
- Norfolk Southern Corp. v. CommissionerUnited States Tax Court · 1995
- Smith v. CommissionerUnited States Tax Court · 1988
- Horn v. CommissionerUnited States Tax Court · 1988
103 more not listed; retrieve them via the Exa API.