Marc L. Mancini v. Commissioner

T.C. Memo. 2019-16

UNITED STATES TAX COURT MARC L. MANCINI, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 16975-13. Filed March 4, 2019. Yosef Yisroel Manela, for petitioner. Paulmikell A. Fabian and Sarah A. Herson, for respondent. MEMORANDUM FINDINGS OF FACT AND OPINION HOLMES, Judge: Marc Mancini claims to have lost millions of dollars gambling. He says the normal limits on gambling-loss deductions shouldn’t apply to him because his gambling was a side effect of a prescription drug that over a short time caused him to lose the ability to control his impulses. The -2-…