T.C. Memo. 1998-455 UNITED STATES TAX COURT ALEC JEFFREY MEGIBOW, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 22268-96. Filed December 28, 1998. At issue are (1) the deductibility of $50,000 claimed by P as an alimony payment, (2) the deductibility of $48,651.75 claimed by P as business- related legal fees, (3) whether P must include in gross income $30,000 received by him from his employer, and (4) whether any underpayment is due to P’s negligence or disregard of rules or regulations. Held, the $50,000 payment is not alimony; P has failed to prove that his obligation to make that payment would not survive the death of his ex-spouse. Held, further, P has failed to prove that the legal fees are either alimony or otherwise deductible. Held, further, P has failed to prove that the payment from his employer was other than taxable compensation. Held, further, P has failed to prove that he neither was negligent nor disregarded rules or regulations. Anthony M. Bentley, for petitioner. Donald E. Edwards, for respondent.Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Next
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