Section 121 exclusionReplies to questions on the US Internal Revenue Code's Section 121 tax exclusions. Includes claims for exclusion of gain in sale; Exceptions to use tests for exclusions; Revocation of Section 121 election.Turville, MaryNational ...
Federal Income Tax-Internal Revenue Code, Section 102-The Gift Exclusion-Divergence between the Tax and District Courts in Their Treatment of Similar Factu... Federal Income Tax-Internal Revenue Code, Section 102-The Gift Exclusion-Divergence between the Tax and District Courts in Their Treatment ...
Internal Revenue Code (IRC) section 121 exclusion in preparing a bankruptcy estate's income tax return. Bankruptcy cases that illustrate the flaws of the legal analysis used in denying a trustee's ability to assert IRC section 121 exclusion; Maximum exclusions allowed by IRC section 121 exclusion...
Discusses the proposed amendments to the regulations under Section 121 of the Internal Revenue Code regarding the exclusion of gain from the sale of a principal residence. Need to clarify the tax provisions; Restoration of the fairness of the former tax provisions; Inadequacies of the regulations....
Analyzes the policy for enacting and maintaining the foreign earned income exclusion. Assessment of the legislative history and origins of section 911 of the Internal Revenue Code (IRC); Details of court issues regarding agencies of the U.S. as contemplated by section 911 of the IRC; ...