Marchisio v. Comr., T.C. Sum Op. 2011-39

(taxpayer did not have income from discharge of indebtedness because IRS could not prove that taxpayer had borrowed funds to buy a vehicle). 

CALT does not provide legal advice. Any information provided on this website is not intended to be a substitute for legal services from a competent professional. CALT's work is supported by fee-based seminars and generous private gifts. Any opinions, findings, conclusions or recommendations expressed in the material contained on this website do not necessarily reflect the views of Iowa State University.

RSS​ Facebook Twitter