116 T.C. No. 13
UNITED STATES TAX COURT
KENNETH L. NORDTVEDT, Petitioner v.
COMMISSIONER OF INTERNAL REVENUE, Respondent
Docket No. 670-99. Filed March 13, 2001.
P adjusted the basis in his retirement annuity by
an inflation factor, to take account of inflation
between the date of his contributions to the retirement
plan and the annuity starting date, for purposes of
calculating the amount of his pension annuity subject
to Federal income tax. P further adjusted the basis in
his retirement annuity to account for expected
inflation over his actuarial life for purposes of
calculating the amount of his pension annuity subject
to Federal income tax.
Held: P may not adjust the basis in his
retirement annuity to account for inflation for
purposes of calculating the amount of his pension
annuity subject to Federal income tax.
Kenneth L. Nordtvedt, pro se.
Virginia L. Hamilton, for respondent.
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