T.C. Memo. 2006-3 UNITED STATES TAX COURT THOMAS AND SARAH G. ACKERMAN, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent Docket No. 14215-03. Filed January 4, 2006. Thomas and Sarah G. Ackerman, pro sese. Donald M. Brachfeld, for respondent. MEMORANDUM FINDINGS OF FACT AND OPINION THORNTON, Judge: Respondent determined a $68,494 deficiency in petitioners’ 2001 Federal income tax. The issue for decision is whether petitioners are taxable on a $211,916 distribution from Mr. Ackerman’s nonqualified deferred compensation plan. All section references are to the Internal Revenue Code in effect for the year at issue.Page: 1 2 3 4 5 Next
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