Legal Opinion

Russell v. Comm'r

United States Tax Court

Decided February 9, 2009No. Nos. 4425-05, 4456-05, 4688-05UnpublishedCited by 1 opinion

1Opinion of the Court

DONALD L. AND EVELYN RUSSELL, ET AL., 1 Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent 2

Russell v. Comm'r

Nos. 4425-05, 4456-05, 4688-05

United States Tax Court

T.C. Memo 2009-29; 2009 Tax Ct. Memo LEXIS 29; 97 T.C.M. (CCH) 1122;

February 9, 2009, Filed

Russell v. Comm'r, T.C. Memo 2008-246, 2008 Tax Ct. Memo LEXIS 246 (T.C., 2008)

Jon J. Jensen, for petitioners.

Jack Forsberg, for respondent.

Haines, Harry A.

HARRY A. HAINES

SUPPLEMENTAL MEMORANDUM OPINION

HAINES, Judge: In Russell v. Commissioner, T.C. Memo 2008-246, the Court held that instruments entitled "notes", "REMC ledger debt",…