Legal Opinion
Dwight E. Lee and Leslie E. Lee v. Commissioner of Internal Revenue
Court of Appeals for the Second Circuit
Decided August 25, 1998No. 97-4308PublishedCited by 21 opinions
1Opinion of the Court
CALABRESI, Circuit Judge:
Petitioners claim that their payment of certain interest expenses entitles them to income tax deductions. The United States Tax Court (Howard A. Dawson, Jr., J.) disallowed the deductions and sustained the Commissioner’s claim of a deficiency in petitioners’ tax payments. We affirm the decision of the Tax Court as to the issues that were before it. We remand the case to the Tax Court for the limited purpose of altering the amount of the petitioners’ deficiency, as agreed to by the Commissioner.
BACKGROUND
The deductions at issue in this case arise out of an illegitimate…
2Cases cited9 opinions
- Knetsch v. United StatesSupreme Court of the United States · 1960
- Rice's Toyota World, Inc. (Formerly Rice Auto Sales, Inc.) v. Commissioner of Internal RevenueCourt of Appeals for the Fourth Circuit · 1985
- Kapel Goldstein and Tillie Goldstein v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 1966
- Ingram v. KumarCourt of Appeals for the Second Circuit · 1978
- United States v. Victor Wexler, Honorable John W. Bissell, NominalCourt of Appeals for the Third Circuit · 1994
4 more not listed; retrieve them via the Exa API.
3Cited by21 opinions
- United States v. CoplanCourt of Appeals for the Second Circuit · 2012
- Winn-Dixie Stores v. Comm'rUnited States Tax Court · 1999
- Long Term Capital Holdings v. United StatesDistrict Court, D. Connecticut · 2004
- Nicole Rose Corp., Formerly Known as Quintron Corporation v. Commissioner of Internal RevenueCourt of Appeals for the Second Circuit · 2003
- United States v. ParseCourt of Appeals for the Second Circuit · 2015
16 more not listed; retrieve them via the Exa API.