Unformatted text preview: may or may not be entitled to the tax treatment claimed for the sale of lots on his prior year tax returns. 1. You fill find guidance in §’s 1221 and 1237 2. Once you have located this regulation, search for court cases relevant to this issue using the regulation section above as your keyword. A review of the following case will be helpful: Jesse W. and Betty J. English, 65 TCM 2160, T.C. Memo 1993-111 Your score on this assignment will be determined as follows: Professional Format Clearly Written Identification of Issue Citation of appropriate provisions Citation of appropriate case law Total 2 Points 2 Points 2 Points 2 Points 2 Points 10 Points...
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- Spring '12
- Law, CCH Internet Tax, Research Problem Number, CCH Internet Tax Research Network, appropriate provisions Citation