MARRIN v. C.I.R.

Docket No. 97-4080.

147 F.3d 147 (1998)

Stephen MARRIN and Jane Marrin, Petitioners-Appellants, v. COMMISSIONER OF INTERNAL REVENUE, Respondent-Appellee.

United States Court of Appeals, Second Circuit.

Decided June 9, 1998.


Attorney(s) appearing for the Case

Stephen Marrin, Baldwin, NY, appearing Pro se.

Anthony T. Sheehan, Attorney, Tax Division, Department of Justice, Washington, DC (Ann B. Durney, Attorney, Loretta C. Argrett, Assistant Attorney General), for Respondent-Appellee Commissioner of Internal Revenue.

Before: OAKES, WALKER, and MAGILL, Circuit Judges.


WALKER, Circuit Judge:

This is an appeal from the judgment of the United States Tax Court (Joseph Gale, Judge) affirming the decision of the respondent-appellee Commissioner of Internal Revenue ("Commissioner") that petitioners-appellants Stephen Marrin ("Marrin") and Jane Marrin (together, "the Marrins"), husband and wife taxpayers, were not entitled to deduct losses they suffered from trading in securities and futures as ordinary losses because the taxpayers...

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