Bland v. Commissioner
United States Tax Court
In connection with a corporate reorganization and consequent termination of her employment, P participated in an enhanced severance program offered to eligible employees. Under this program, P received a lump-sum payment, calculated based upon rate of pay and years of service, in return for signing a general release of all claims against her employer. An identical payment formula was applied and release document signed in the case of each participating employee.
Read the full summary
In connection with a corporate reorganization and consequent termination of her employment, P participated in an enhanced severance program offered to eligible employees. Under this program, P received a lump-sum payment, calculated based upon rate of pay and years of service, in return for signing a general release of all claims against her employer. An identical payment formula was applied and release document signed in the case of each participating employee. P excluded this payment from income, and R determined a deficiency for taxes attributable thereto. P contends that the payment was…
1Opinion of the Court
MARSHA M. BLAND, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Bland v. Commissioner
No. 24846-97
United States Tax Court
T.C. Memo 2000-98; 2000 Tax Ct. Memo LEXIS 112; 79 T.C.M. (CCH) 1619; 24 Employee Benefits Cas. (BNA) 2629;
March 22, 2000, Filed
Decision will be entered under Rule 155.
In connection with a corporate reorganization and
consequent termination of her employment, P participated in an
enhanced severance program offered to eligible employees. Under
this program, P received a lump-sum payment, calculated based
upon rate of pay and years of service, in return for signing a
gene…
2Cases cited14 opinions
- United States v. BurkeSupreme Court of the United States · 1992
- Commissioner v. SchleierSupreme Court of the United States · 1995
- Mason K. Knuckles and Bernice A. Knuckles v. Commissioner of Internal RevenueCourt of Appeals for the Tenth Circuit · 1965
- Eddy v. BrownSupreme Court of Oklahoma · 1986
- Metzger v. CommissionerUnited States Tax Court · 1987
9 more not listed; retrieve them via the Exa API.