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received by Mrs. Campbell on account of personal injuries or
sickness within the meaning of section 104(a)(2).
Conclusion
We hold that the $1,446 payment made by the FDIC to Mrs.
Campbell pursuant to the Order is not excludable under section
104(a)(2) and, thus, respondent’s determination is sustained. In
so holding, we have considered all of petitioners’ arguments and,
to the extent not discussed above, conclude that they are without
merit or are irrelevant.
Decision will be entered
for respondent.
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Last modified: November 10, 2007