- 3 -
Oregon School of Law in Eugene, Oregon. Petitioner holds an
undergraduate degree from Duke University.
Before attending law school, petitioner worked as a paralegal
with the law firm of Cravath, Swaine & Moore, where he
participated in the firm’s qualified pension plan (QRP).
From December 1, 2002, through July 30, 2003, petitioner
resided in Philadelphia, Pennsylvania. Petitioner’s monthly rent
during this time was $900. Petitioner’s expenses during law
school were paid from his savings, wages, and public and private
loans. The record contains two student loan statements for
petitioner; one statement pertains to his enrollment at the
University of Oregon School of Law, while another statement
relates to his enrollment at Penn.
On April 22, 2003, as he was preparing to graduate from Penn
and beginning preparation for the bar exam, petitioner deposited
a $13,011 check issued to him from Security Trust Bank, payor, in
his checking account. The check represented a net distribution
of $16,263 to petitioner from his Cravath, Swaine & Moore QRP
minus income tax withheld of $3,252. Petitioner did not include
this distribution as income on his 2003 Federal income tax
return. On the date of this distribution petitioner was not 59-
1/2 years old.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 Next
Last modified: March 27, 2008