Vichich v. Comm'r
United States Tax Court
Before his marriage to P, H was married to W. In 1998 H exercised employer-granted incentive stock options that resulted in alternative minimum tax (AMT) liability, which H reported on a 1998 tax return filed jointly with W. Payment of the AMT liability in 1998 generated an AMT credit carryforward.
Read the full summary
Before his marriage to P, H was married to W. In 1998 H exercised employer-granted incentive stock options that resulted in alternative minimum tax (AMT) liability, which H reported on a 1998 tax return filed jointly with W. Payment of the AMT liability in 1998 generated an AMT credit carryforward. P was married to H from 2002 until his death in 2004. On her 2009 tax return P reported an AMT credit derived from H's 1998 AMT credit carryforward that she used to offset her individual income tax liability. In a notice of deficiency to P, R disallowed the claimed AMT credit and determined a…
1Opinion of the Court
NADINE L. VICHICH, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Vichich v. Comm'r
Docket No. 7509-12.
United States Tax Court
146 T.C. 186; 2016 U.S. Tax Ct. LEXIS 13; 146 T.C. No. 12;
April 21, 2016, Filed
Decision will be entered under Rule 155.
Before his marriage to P, H was married to W. In 1998 H exercised employer-granted incentive stock options that resulted in alternative minimum tax (AMT) liability, which H reported on a 1998 tax return filed jointly with W. Payment of the AMT liability in 1998 generated an AMT credit carryforward. P was married to H from 2002 until his death…
2Cases cited22 opinions
- Skidmore v. Swift & Co.Supreme Court of the United States · 1944
- New Colonial Ice Co. v. HelveringSupreme Court of the United States · 1934
- Lucas v. EarlSupreme Court of the United States · 1930
- Commissioner v. CulbertsonSupreme Court of the United States · 1949
- Interstate Transit Lines v. CommissionerSupreme Court of the United States · 1943
17 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Raghunathan Sarma v. Commissioner of Internal RevenueCourt of Appeals for the Eleventh Circuit · 2022