Legal Opinion
Richard D. Bokum, Ii, Margaret B. Bokum v. Commissioner of Internal Revenue
Court of Appeals for the Eleventh Circuit
Decided June 4, 1993No. 90-5810PublishedCited by 49 opinions
1Opinion of the Court
TJOFLAT, Chief Judge:
In this appeal, Richard and Margaret Bo-kum, husband and wife, level three independent challenges against a Tax Court judgment that found them liable for an income tax deficiency of $2,570,061.99 for the 1971 tax year. None of the challenges has merit, and we therefore affirm.
I
The deficiency in this case stems from the Internal Revenue Commissioner’s denial of a limited partnership loss claimed as a deduction on the Bokums’ 1971 joint income tax return. On December 7, 1971, Mr. Bokum purchased, for $2,100,000.00, an 86% interest in the Special Quinta 1971 Drilling Venture…
2Cases cited29 opinions
- Heckler v. Community Health Services of Crawford County, Inc.Supreme Court of the United States · 1984
- Office of Personnel Management v. RichmondSupreme Court of the United States · 1990
- Harold M. Reynolds v. Commissioner of Internal RevenueCourt of Appeals for the Sixth Circuit · 1988
- Howard S. Scar and Ethel M. Scar v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1987
- Commissioner v. McCoySupreme Court of the United States · 1987
24 more not listed; retrieve them via the Exa API.
3Cited by49 opinions
- Husky Ventures, Inc. v. B55 Invs., Ltd.Court of Appeals for the Tenth Circuit · 2018
- Tefel v. RenoCourt of Appeals for the Eleventh Circuit · 1999
- Donald Feldman and Patricia Feldman, A/K/A Patsy Jane Feldman v. Commissioner of Internal RevenueCourt of Appeals for the Eleventh Circuit · 1994
- Flight Attendants Against Ual Offset (Faauo) and United Air Lines, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Seventh Circuit · 1999
- Theresa E. Bartman v. Commissioner of Internal RevenueCourt of Appeals for the Eighth Circuit · 2006
44 more not listed; retrieve them via the Exa API.