McMillan v. Comm'r
United States Tax Court
In the answer, R asserted an increased deficiency in income tax on account of his disallowance of a legal expense deduction P claimed on one Schedule C, Profit or Loss From Business, addressing her IT and database management activity and his disallowance of P's deduction for a loss claimed on a second Schedule C relating to her equine activity. In the answer, R also asserted an accuracy-related penalty. Held: P is entitled to one-half of the claimed legal expense deduction.
Read the full summary
In the answer, R asserted an increased deficiency in income tax on account of his disallowance of a legal expense deduction P claimed on one Schedule C, Profit or Loss From Business, addressing her IT and database management activity and his disallowance of P's deduction for a loss claimed on a second Schedule C relating to her equine activity. In the answer, R also asserted an accuracy-related penalty. Held: P is entitled to one-half of the claimed legal expense deduction. Held, further, P may not deduct the equine activity loss because the activity was not engaged in for profit except that…
1Opinion of the Court
DENISE CELESTE MCMILLAN, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent
McMillan v. Comm'r
Docket No. 3720-12
United States Tax Court
T.C. Memo 2015-109; 2015 Tax Ct. Memo LEXIS 118; 109 T.C.M. (CCH) 1559;
June 11, 2015, Filed
McMillan v. Comm'r, T.C. Memo 2013-40, 2013 Tax Ct. Memo LEXIS 41 (T.C., 2013)
Decision will be entered under Rule 155.
In the answer, R asserted an increased deficiency in income tax on account of his disallowance of a legal expense deduction P claimed on one Schedule C, Profit or Loss From Business, addressing her IT and database management activity and his…
2Cases cited18 opinions
- United States v. GilmoreSupreme Court of the United States · 1963
- Golanty v. CommissionerUnited States Tax Court · 1979
- August C. Wolf Muriel M. Wolf v. Commissioner Internal Revenue ServiceCourt of Appeals for the Ninth Circuit · 1993
- Sanderling, Inc. v. Commissioner of Internal RevenueCourt of Appeals for the Third Circuit · 1978
- Dudley B. Merkel Ladonna K. Merkel David A. Hepburn, and Nancy J. Hepburn v. Commissioner of Internal RevenueCourt of Appeals for the Ninth Circuit · 1999
13 more not listed; retrieve them via the Exa API.