RYAN v. COMMISSIONER

Docket Nos. 42105-84, 42203-84, 191-85.

54 T.C.M. 1503 (1988)

T.C. Memo. 1988-12

Thomas A. Ryan and Patricia J. Ryan, et al. v. Commissioner.

United States Tax Court.

Filed January 7, 1988.


Attorney(s) appearing for the Case

Lee N. Johnson, 400 Second Ave. S., Minneapolis, Minn., for the petitioners. Jack A. Forsberg, for the respondent.


Memorandum Findings of Fact and Opinion

GERBER, Judge:

Respondent, in statutory notices of deficiency dated October 5, 1984, determined deficiencies in petitioners' income taxes for 1978 as follows:

Ryan ....................   $34,563.00
O'Brien .................    25,313.61
Lamm ....................    11,847.82

This action concerns the correct period for realizing income upon the foreclosure of property subject to nonrecourse...

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