T.C. Memo. 1998-433 UNITED STATES TAX COURT JOSEPH M. PERRY, Petitioner v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 24068-95. Filed December 10, 1998. Joseph M. Perry, pro se. Carmino J. Santaniello, for respondent. MEMORANDUM OPINION COLVIN, Judge: Respondent determined that petitioner had a $12,024 deficiency in income tax for 1990. The sole issue for decision is whether part of the $137,437.50 petitioner received in settlement of a tort action is prejudgment interest, and, if so, whether it is excludable from gross income as damages for aPage: 1 2 3 4 5 6 Next
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