FICKLING v. U.S.

No. 06-12461.

507 F.3d 1302 (2007)

William A. FICKLING, Jr., Neva L. Fickling, Plaintiffs-Appellants, v. UNITED STATES of America, Defendant-Appellee.

United States Court of Appeals, Eleventh Circuit.

November 15, 2007.


Attorney(s) appearing for the Case

Anthony J. Rollins, Tyler & Rollins, LLP, John P. Tyler, Jackson & Tyler, L.L.P., Atlanta, GA, for Plaintiffs-Appellants.

Teresa E. McLaughlin, Tax Div., Annette M. Wietecha, OIL, U.S. Dept. of Justice, Washington, DC, for U.S.

Before EDMONDSON, Chief Judge, and TJOFLAT and GIBSON, Circuit Judges.


PER CURIAM:

This case is a taxpayer refund suit originating from a settlement between the taxpayers and the Internal Revenue Service ("Service") over claimed capital losses from a sale of securities in 1990. The settlement permitted the taxpayers to recognize seventy percent of their claimed losses from the sale. Now taxpayers assert that the thirty percent of losses disallowed should be treated as if thirty percent of the...

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