1. Home
  2. Browse Decisions
  3. T.C.M.
  4. 83 T.C.M.
  5. 83 T.C.M. 1053 (2002)
 

BANAITIS v. COMMISSIONER

Docket No. 4323-00.

83 T.C.M. 1053 (2002)

T.C. Memo. 2002-5

Sigitas J. Banaitis v. Commissioner.

United States Tax Court.

Filed January 8, 2002.

Attorney(s) appearing for the Case

Joseph Wetzel and Michael C. Wetzel, for the petitioner.

Shirley M. Francis, for the respondent.

MEMORANDUM FINDINGS OF FACT AND OPINION

GERBER, Judge:

Respondent determined a $1,708,216 deficiency in income tax for petitioner's 1995 taxable year. The issues for our consideration are: (1) Whether petitioner is entitled to exclude damages received in settlement of a lawsuit under section 104(a)(2);1 (2) whether fees paid to petitioner's attorneys in accord with a contingent fee agreement are excludable from petitioner's gross...

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