U.S. Tax Court releases an opinion on LRAP
Monday, April 24, 2006
- Organization: US Tax Court
- Link: http://www.ustaxcourt.gov
The case involves a recipient of the Maryland LRAP who did not pay taxes on her grant, even though the Maryland LRAP had clearly indicated to the recipient that the grant was considered taxable income. The Court found that the grant was taxable income. A copy of the opinion can be found at http://www.ustaxcourt.gov/InOpHistoric/Moloney.SUM.WPD.pdf.
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