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funds are exempt from this requirement in whole or in part. The
pattern of the form is that capital gain distributions are
included with other items on line 5 of Schedule B, are deducted
on line 7 of Schedule B, and are included on line 13 of Schedule
D. The form is certainly comprehensible and results in capital
gain dividends’ being taxed at appropriate rates.
Moreover, even if the schedule had provided misleading or
erroneous information, the law is well settled that the
authoritative sources of Federal tax law are the statutes,
regulations, and judicial decisions, not informal publications or
instructions of the Internal Revenue Service. Casa De La Jolla
Park, Inc. v. Commissioner, 94 T.C. 384, 396 (1990); Zimmerman v.
Commissioner, 71 T.C. 367, 371 (1978), affd. without published
opinion 614 F.2d 1294 (2d Cir. 1979); Green v. Commissioner, 59
T.C. 456, 458 (1972); Graham v. Commissioner, T.C. Memo. 1995-
114; see also Adler v. Commissioner, 330 F.2d 91, 93 (9th Cir.
1964), affg. T.C. Memo. 1963-196. Accordingly, petitioner’s
capital gain distribution from his mutual fund holding during the
year in issue is includable in his income as long-term capital
gain and properly should have been reported on line 5 of Schedule
B, of his income tax return for 1997.
B. Casualty/Theft Loss
Under section 165(a) and (c)(3), subject to limitations, an
individual is permitted a deduction for a loss that arises from
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