Ledger v. Comm'r
United States Tax Court
R determined a deficiency in income tax for Ps' 2006 tax year. The issue for decision is whether Ps had taxable income for their 2006 tax year upon the maturity of P-H's life insurance contract. Held: The maturity of P-H's insurance contract resulted in taxable income to Ps for the 2006 tax year.
1Opinion of the Court
JAMES AND DEBORAH LEDGER, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
Ledger v. Comm'r
Docket No. 4901-09
United States Tax Court
T.C. Memo 2011-183; 2011 Tax Ct. Memo LEXIS 182; 102 T.C.M. (CCH) 119;
August 2, 2011, Filed
Decision will be entered under Rule 155.
R determined a deficiency in income tax for Ps' 2006 tax year. The issue for decision is whether Ps had taxable income for their 2006 tax year upon the maturity of P-H's life insurance contract.
Held: The maturity of P-H's insurance contract resulted in taxable income to Ps for the 2006 tax year.
James Ledger, Pro se.
Sebastian…
2Cases cited2 opinions
- Welch v. HelveringSupreme Court of the United States · 1933
- Minnis v. CommissionerUnited States Tax Court · 1979
3Cited by2 opinions
- Fraser v. Prudential Insurance Agency, LLC.District Court, D. Massachusetts · 2018
- Steven L. Jarvis and Estate of Cynthia S. Jarvis, Steven L. Jarvis, Administrator v. CommissionerUnited States Tax Court · 2013