IRCCourt RulingsApr 26, 1983related by meaning
…975, and 1976 were timely filed with the Internal Revenue Service Center in Fresno, Calif.
Issue 1. Annuity Payments On November 30,1964, Marion executed a power of attorney empowering her attorney, Harry Margolis, to create a trust (hereinafter the ABC trust) with the Aruba Bonaire Curacao Trust Co., Ltd. (hereinafter…
T.C. Memo. 1998-216 — Estate of Suzanne W. Cullison, Deceased; J. Greg Cullison, Personal Representative v. Commissioner IRCCourt RulingsJun 17, 1998★ strong match
… Sec. 25.7520-1(b)(1)(ii), Gift Tax Regs.
In the instant case, petitioner contends that the private
annuity payable to decedent is not to be valued under section
7520, because the private annuity transaction occurred before the
May 1, 1989, effective date of section 7520. Petitioner
maintains that the transaction took …
Ann. 2004-58 — Relative value regulations; effective dates; notices; qualified joint and survivor annuities. This announcement postpones, in certain circumstances, the effect… IRCAnnouncementsJul 19, 2004related by meaning
…nefit to be more valuable than the QJSA.
Contact Information For further information regarding this announcement, please contact Diane Bloom at (202) 283-9888, or Linda Marshall at (202) 622-6090. These numbers are not toll-free.
109 T.C. No. 21 — Lakewood Associates; Robert G. Moore, Tax Matters Partner v. Commissioner IRCCourt RulingsDec 29, 1997
…ch found that the water levels on the property met the
parameters of protected wetlands.
In January 1989, the Corps adopted a new wetlands manual
(1989 Manual), effective as of March 1989, that superseded the
1987 Manual. The 1989 Manual amended the definition of protected
wetlands, substantially increasing the area of…
ERISACourt RulingsJan 20, 1998
Each monthly report
indicates the current rate for instruments with annual, semiannual,
quarterly, and monthly terms. For the sake of simplicity, and because the Plan's assets were out of its control for almost 90% of
a year, I will refer to the annual rates. The following annual
rates were applicable during the cours…
IRCCourt RulingsMar 15, 2004★ strong match
…in this case, petitioners resided in Bridgeport,
Connecticut. Petitioners Howard T. Owens, Jr., and Ann E. Owens, husband
and wife, were born on July 20, 1934, and March 29, 1941,
respectively. In 1999, petitioners owned multiple IRA accounts,
including a Fidelity Investments Traditional IRA in the name of
Howard T. Ow…
IRCCourt RulingsOct 29, 2002
ing in 1989. The NYSL did not
offer petitioner the option of receiving a lump-sum payment in
1989. Petitioner was employed by the Consulate General of Nigeria when he won the lottery. He used the cash method of
accounting in 1989.
Petitioner received two or three offers to buy the rights to
his future lottery winnings …
IRCCourt RulingsJun 17, 1997
…ue to the
increased vesting of Mr. Traegde, and the increase due to the
cost of death benefits.
The annual reports for On-Site's account in the Prime Plan
listed the following relevant data:
1988
1989
1990
1991
Fund value at yearend $99,996 $138,653 $158,161 $167,047
Policy values 99,996 138,653 157,814 167,055
Surrend…
IRCCourt RulingsAug 15, 1994
…est was signed by Samuel J. Sirota, an attorney and a certified public accountant, on September 15, 1989. On September 15, 1989, the corporation timely filed its Federal income tax return, Form 1120S, for its taxable year ended June 30, 1989. The corporation did not claim a deduction for the contributions, if any, it m…
IRCCourt RulingsNov 26, 1985related by meaning
idual retirement annuities, such as section 408(d), can have no application with respect to petitioner’s annuity contract on or after January 1, 1980. Thus, we hold that under section 408(e)(3), petitioner’s borrowing against the annuity contract with John Hancock during 1980 caused the contract to cease being an indiv…
IRCCourt RulingsSep 18, 1996
…id not use any sick leave in either 1989 or
1990. However, it was not unusual for petitioner to use annual
leave in lieu of sick leave, as evidenced by the fact that
petitioner used annual leave for his knee replacement surgery in
August 1990 and for the convalescent period thereafter. We also
note that petitioner used…
IRCCourt RulingsSep 25, 1996★ strong match
…61 F.2d 494 (7th Cir. 1988),
affd. sub nom. Ratliff v. Commissioner
, 865 F.2d 97 (6th Cir.
- 125 -
1989), affd. sub nom. Kirchman v. Commissioner
, 862 F.2d 1486
(11th Cir. 1989), Killingsworth v. Commissioner
, 864 F.2d 1214
(5th Cir. 1989); affd. sub nom. Keane v. Commissioner
, 865 F.2d
1088 (9th Cir. 1989), affd. …
IRCCourt RulingsJun 11, 1996
regular interest", such interest is transferred
from the Accumulation Fund to the Annuity Savings Fund. Md. Ann.
Code, art. 73B, sec. 14(2)(c) (1988). Benefits, are paid from the Expense Fund. Md. Ann. Code, art.
73B, sec. 14(3) (1988 and Supp. 1991).
The Annuity Savings Fund holds a participant's "accumulated
contribu…
PLR 200742010 — Annuities: Endowment and Life Insurance (Included v. Not Included in Gross Income) IRCPrivate Letter RulingsOct 19, 2007related by meaning
…ution of Bibles in the language
of the reader around the world. Taxpayer has issued charitable gift annuities since date 3 and continues to issue gift annuities, both immediate and deferred, to donors.
Taxpayer follows recommended annuity rates issued by the American Council on Gift
Annuities.
Taxpayer proposes to issu…
91 FR 40954 — Improvements to Rules on Recoupment of Benefit Overpayments PBGCProposed Rules (FR)Proposed Jul 6, 2026
…0
04/01/1988
06/01/1988
7.75
06/01/1988
09/01/1988
8.00
09/01/1988
11/01/1988
8.25
11/01/1988
04/01/1989
7.75
04/01/1989
06/01/1989
8.00
06/01/1989
08/01/1989
7.75
08/01/1989
09/01/1989
7.50
09/01/1989
10/01/1989
7.25
10/01/1989
12/01/1989
7.50
12/01/1989
03/01/1990
7.25
03/01/1990
06/01/1990
7.50
06/01/1990
07/01/1990…
Ann. 2011-81 — Relief for IRA owners subject to certain broker agreements. This announcement provides relief to owners of Individual Retirement Accounts (IRAs) who have signe… IRCAnnouncementsDec 27, 2011related by meaning
…nce with respect to the application of any Code section other than § 4975 should be drawn from this announcement. [12] Under Reorganization Plan No. 4 of 1978, effective December 31, 1978, the authority of the Secretary of the Treasury to issue interpretations with respect to § 4975 of the Code was transferred, with ce…
T.C. Memo. 1995-539 — Guy Schoenecker, Inc.; Business Incentives, Inc.; and Carousel By Guy, Inc. v. Commissioner IRCCourt RulingsNov 14, 1995
…executive compensation of CEO's
by industry categories as of May 1990, showing results for the
year 1989 classified under all industries and categories of
industries for companies that had sales of approximately $162
million:
Title
Year
Sales
Average
+1 SD
+2 SDs
All Industries
CEO 1989 $162.416 $340.72 $497.96 $655.21…
Ann. 2005-29 — This document contains corrections to final regulations (T.D. 9130, 2004-26 I.R.B. 1082) under section 401 of the Code relating to required minimum distributio… IRCAnnouncementsApr 25, 2005related by meaning
OME TAXES
Paragraph 1. The authority citation for part 1 continues to read in part as follows:
Authority: 26 USC 7805 * * *
§1.401(a)(9)-6 [Corrected] 1. Section 1.401(a)(9)-6(c)(3) of A-2, in the Example., fifth sentence, the language, “In this case, Z is 30 years older than Y and is commencing benefit 5 years before …
IRCCourt RulingsOct 25, 2012
…spondent issued a favorable determination letter. The plan was amended and
restated on November 18, 1989 (1989 plan), effective for the fiscal year beginning
July 1, 1989. The 1989 plan was amended on June 23, 1997, and June 5, 1998.
On September 13, 2001, the 1989 plan was amended and restated (2001 plan).
The 1989 pl…
Ann. 2015-19 — This announcement describes future changes to the determination letter program for qualified individually designed plans and sets forth an intended transition … IRCAnnouncementsAug 10, 2015related by meaning
… on or before October 1, 2015. Comments should be mailed to Internal Revenue Service, CC:PA:LPD:PR (Announcement 2015–19), Room 5203, P.O. Box 7604, Ben Franklin Station, Washington, D.C. 20044, or sent electronically to notice.comments@irscounsel.treas.gov. Please include “Announcement 2015–19” in the subject line of …