BOHRER v. C.I.R.

Nos. 87-2240 to 87-2243, 87-2245 to 87-2247, 87-2249, 87-2252, 87-2253, 88-1037, 88-1476, 88-1477 and 88-1771.

945 F.2d 344 (1991)

Edward BOHRER and Gwenyth Bohrer, Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee. Glen SHEPPARD and Joaquina Sheppard, Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee. Nick C. SCHOLZEN and Erroleen Scholzen, Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee. Michael G. HARRIS and Nancy S. Harris, Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee. Douglas C. STEWART and Mary L. Stewart, Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee. Clarence Wm. PACK and Pat F. Pack, Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee. David A. SCHOLZEN and Judy Scholzen, Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee. Rex H. CROCKETT, Deceased, and Jeanne M. Crockett, Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee. James J. KOEHLER and Alice Koehler, Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee. Lincoln C. WHITE and Aline White, Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee. S. Arthur GREGERSON and Montess Gregerson, Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee. Lincoln C. WHITE and Jean White, Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee. Harold L. CANADA and Dorothy F. Canada, Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Appellee. Robert H. BURGENER and Diane Burgener, Appellants. v. COMMISSIONER OF INTERNAL REVENUE, Appellee.

United States Court of Appeals, Tenth Circuit.

September 19, 1991.


Attorney(s) appearing for the Case

Martin M. Ruken of Vedder, Price, Kaufman & Kammholz, and Kenneth C. Shepro of Altheimer & Gray, Chicago, Ill., for petitioners-appellants.

William S. Rose, Jr., Asst. Atty. Gen., and Gary R. Allen, Richard Farber, and Kenneth L. Green, Attys., Tax Div., Dept. of Justice, Washington, D.C., for respondent-appellee.

Before HOLLOWAY and ANDERSON, Circuit Judges, and THOMPSON, Chief District Judge.


HOLLOWAY, Circuit Judge.

These fourteen companioned appeals arise out of the Tax Court decision of Glass v. C.I.R., 87 T.C. 1087 (1986), which involved the largest consolidated proceeding in Tax Court history, consisting of approximately 1,100 cases involving identical issues. The controlling issue of Glass and the instant appeals is whether certain deductions arising out of appellants' "straddle trading" of futures and...

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