4albion
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3defense
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5albion
399
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George F Wil...360x1000
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499
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199
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An Unusual Tax Court Hobby Loss Opinion

An Unusual Tax Court Hobby Loss Opinion

An opinion by Tax Court Judge Thomas Wells in the combined cases of Jessica Walters and her parents David and Jean Walters is unusual among hobby loss cases (Section 183). At stake was over $110,000 in tax and penalties for the years 2011 and 2012.  The issue was...