Discussion:Gain on loan repayments (Rul 68-537)
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| Revision as of 20:33, 23 April 2008 MIKEB (Talk | contribs) (New Discussion) ← Previous diff |
Revision as of 01:29, 24 April 2008 Mtmckeecpa (Talk | contribs) (Mike, I was loo) Next diff → |
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| {{ForumNewPost|UserID=MIKEB|Date=23 April 2008|Text=Anyone remember the rule on netting current year loans to the corp with current year loan repayments. I know there is no netting allowed in certain cases, just can't find anything in my research.}} | {{ForumNewPost|UserID=MIKEB|Date=23 April 2008|Text=Anyone remember the rule on netting current year loans to the corp with current year loan repayments. I know there is no netting allowed in certain cases, just can't find anything in my research.}} | ||
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| + | {{ForumReplyPost|UserID=Mtmckeecpa|Date=24 April 2008|Text=Mike, | ||
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| + | I was looking at this recently too, try Fleming G. Brooks v Commissioner TC Memo 2005-204 for the taxpayer, see Paul Cornelius v Commissioner 58 TC 417 for the IRS.}} | ||
Revision as of 01:29, 24 April 2008
Discussion Forum Index --> Advanced Tax Questions --> Gain on loan repayments (Rul 68-537)
Discussion Forum Index --> Tax Questions --> Gain on loan repayments (Rul 68-537)
| 23 April 2008 | |
| Anyone remember the rule on netting current year loans to the corp with current year loan repayments. I know there is no netting allowed in certain cases, just can't find anything in my research. | |
Mtmckeecpa (talk|edits) said: | 24 April 2008 |
| Mike,
I was looking at this recently too, try Fleming G. Brooks v Commissioner TC Memo 2005-204 for the taxpayer, see Paul Cornelius v Commissioner 58 TC 417 for the IRS. | |
