1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 52 T.C.M.
  5. 52 T.C.M. 710 (1986)
 

M. LANE POWERS v. COMMISSIONER

Docket Nos. 7766-81, 719-82.

52 T.C.M. 710 (1986)

T.C. Memo. 1986-494

M. Lane Powers v. Commissioner.

United States Tax Court.

Filed September 29, 1986.

Attorney(s) appearing for the Case

Robert I. White, for the petitioner. David W. Johnson, for the respondent.

Memorandum Opinion

CLAPP, Judge:

These consolidated cases are before the Court on Cross-Motions for Partial Summary Judgment pursuant to Rule 121.1 The issue raised in both motions is whether petitioner, as a matter of law, made an irrevocable election pursuant to section 172(b)(3)(C) to carry forward rather than carry back his 1978 and 1979 net operating losses. Respondent determined the following deficiencies in and additions...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases