Individual income taxation

The Tax Court rebuffs the taxpayer’s argument that the Sec. 4973 tax is actually a penalty.

In a case of first impression for the Eleventh Circuit, the court affirmed a Tax Court holding that expenses of activities not engaged in for profit, i.e., hobbies, are allowable only as miscellaneous itemized deductions under Sec. 67(a).

The Tax Court denied a taxpayer’s contention that the payments were excludable as child support.

The Eleventh Circuit held that Boyle applies to e-filed returns.

The taxpayers’ pending installment plan proposal did not prevent the referral, the Second Circuit affirms.

The taxpayers’ foreign travel did not entitle them to a 150-day extended deadline, the Tax Court held.