Reports of the United States Tax Court, Volume 135United States Tax Court, 2010 Kept up to date by a monthly publication called: United States. Tax Court. Reports. |
From inside the book
Results 1-5 of 99
Page 5
... terms- " property " and " principal residence " . Section 121 ( a ) simply provides that gross income does not include ... term " property " to mean , or at least include , a dwelling that was owned and occupied by the taxpayer as his ...
... terms- " property " and " principal residence " . Section 121 ( a ) simply provides that gross income does not include ... term " property " to mean , or at least include , a dwelling that was owned and occupied by the taxpayer as his ...
Page 6
... term , the Summit Road property qualifies as their principal residence and $ 500,000 of the gain generated by the sale of the prop- erty is excluded under section 121 . Because section 121 does not define the terms " property " and ...
... term , the Summit Road property qualifies as their principal residence and $ 500,000 of the gain generated by the sale of the prop- erty is excluded under section 121 . Because section 121 does not define the terms " property " and ...
Page 7
... term " property " and the term " principal residence " , we cannot conclude that the meaning of section 121 ( a ) is clear and unambiguous . Section 121 ( a ) is not explicit as to whether Congress intended section 121 to apply to a ...
... term " property " and the term " principal residence " , we cannot conclude that the meaning of section 121 ( a ) is clear and unambiguous . Section 121 ( a ) is not explicit as to whether Congress intended section 121 to apply to a ...
Page 9
... terms " home " and " house " and their derivations interchangeably with the term " principal residence " : Calculating capital gain from the sale of a principal residence is among the most complex tasks faced by a typical taxpayer ...
... terms " home " and " house " and their derivations interchangeably with the term " principal residence " : Calculating capital gain from the sale of a principal residence is among the most complex tasks faced by a typical taxpayer ...
Page 10
... term " principal residence " to mean the primary dwelling or house that a taxpayer occupied as his principal residence . Nothing in the legislative history indicates that Congress intended section 121 to exclude gain on the sale of ...
... term " principal residence " to mean the primary dwelling or house that a taxpayer occupied as his principal residence . Nothing in the legislative history indicates that Congress intended section 121 to exclude gain on the sale of ...
Other editions - View all
Common terms and phrases
accuracy-related penalty addition to tax adjustment allowance Appeals officer apply Appointments Clause assessment Caer's estate carryback CDP hearing Chesapeake claim Commissioner Congress corporation Court of Appeals Dalton deduction Derivium determination emphasis added equitable tolling estate tax Federal income tax filed forward contract gross income IBM stock Income Tax Regs income tax return interest Internal Revenue Code Internal Revenue Service issue jurisdiction lake house lien loan loss ment notice of deficiency Ocean Pines Office of Appeals parties partner partnership item payment percent peti petition petitioner petitioner's principal residence provides purposes pursuant PVFCS refund regulations reported respect respondent's Rule schedule section 107 shares Stat statute street light assets supra T.C. Memo Tax Court tax imposed tax liability tax shown taxable taxpayer term Texasgulf tion tioner transaction transfer trust underpayment United Virgin Islands whistleblower windfall tax WISCO withholding credits