Gambling Tax Law

TagNet Operating Loss

Offutt v. Commissioner of Internal Revenue (1951)

By Court Clerk
In Court Case
May 31, 1951
6 Min Read

ROY T. OFFUTT, Petitioner, v. COMMISSIONER OF INTERNAL REVENUE, Respondent. Tax Court of the United States. 16 T.C. 1214 (Cite as: 16 T.C. 1214) Docket No. 21436. Promulgated May 31, 1951. George Bouchard, Esquire, for the petitioner. A. J. Hurley, Esquire, for the respondent. Wagering losses in excess of wagering gains held not available to offset other income nor to create net operating loss...

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Skeeles v. United States (1951)

By Court Clerk
In Court Case
February 6, 1951
17 Min Read

ESTATE OF WILLIAM E. SKEELES v. UNITED STATES; ANNE C. SKEELES v. UNITED STATES (two cases). United States Court of Claims. 118 Ct.Cl. 362, 95 F.Supp. 242, 51-1 USTC ¶ 9157, 40 A.F.T.R. 197 (Cite as: 118 Ct.Cl. 362, 95 F.Supp. 242) Nos. 48838, 48839. February 6, 1951. Anne C. Skeeles brought an action as administratrix of the estate of William E. Skeeles, deceased, and an action in her...

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Gambling Tax Law

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Board of Tax Appeals Casino Documents Casual Gambler Citation Cohan Rule Comps Constitutionality of the Income Tax Court Case Criminal Case Dog Racing Filing Status: Unknown Foxwoods Gambling Diary Gambling Log Horse Racing Internal Revenue Code IRC Section 6001 Irish Hospitals' Sweepstakes Judge Bruce Judge Thornton Judge Vasquez Losses as Itemized Deductions Net Worth Player's Card Poker Professional Gambler Pro Se Rev Proc 77-29 Schedule A Slot Machines State: Massachusetts State: New York Tax Year 1983 Tax Year 2004 Tax Year 2005 Unreported Gambling Income US Constitution US Supreme Court US Tax Court US Tax Court Memo Opinion Year 1789 Year 1791 Year 1951 Year 1955 Year 2009