Dallas Dental Lab, Inc. v. Commissioner
United States Tax Court
A qualified profit-sharing plan provided that seasonal employees were not eligible to participate in the plan and defined seasonal employees to include all individuals working less than 5 months in a calendar year. It further provided that a participant did not have to be employed as of the last day of the taxable year in order to participate in the employer's contribution for that year.
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A qualified profit-sharing plan provided that seasonal employees were not eligible to participate in the plan and defined seasonal employees to include all individuals working less than 5 months in a calendar year. It further provided that a participant did not have to be employed as of the last day of the taxable year in order to participate in the employer's contribution for that year. However, an employee whose employment terminated prior to the end of the taxable year and prior to the completion of 1 year of service had no vested interest in the plan, and any allocation of the employer's…
1Opinion of the Court
Dallas Dental Lab, Inc., Petitioner v. Commissioner of Internal Revenue, Respondent
Dallas Dental Lab, Inc. v. Commissioner
Docket No. 2726-77
United States Tax Court
72 T.C. 117; 1979 U.S. Tax Ct. LEXIS 137;
April 12, 1979, Filed
Decision will be entered under Rule 155.
A qualified profit-sharing plan provided that seasonal employees were not eligible to participate in the plan and defined seasonal employees to include all individuals working less than 5 months in a calendar year. It further provided that a participant did not have to be employed as of the last day of the taxable year in order to…
2Cases cited3 opinions
- William M. Bailey Co. v. CommissionerUnited States Tax Court · 1950
- Irwin B. Schwabe Co. v. CommissionerUnited States Tax Court · 1952
- Dallas Dental Lab, Inc. v. CommissionerUnited States Tax Court · 1979