McKim v. Commissioner

1980 T.C. Memo. 93, 40 T.C.M. 9, 1980 Tax Ct. Memo LEXIS 489
CourtUnited States Tax Court
DecidedMarch 26, 1980
DocketDocket No. 968-76.
StatusUnpublished
Cited by1 cases

This text of 1980 T.C. Memo. 93 (McKim v. Commissioner) is published on Counsel Stack Legal Research, covering United States Tax Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
McKim v. Commissioner, 1980 T.C. Memo. 93, 40 T.C.M. 9, 1980 Tax Ct. Memo LEXIS 489 (tax 1980).

Opinion

LAWRYN W. MCKIM AND JUDY ANN MCKIM, Petitioners, v. COMMISSIONER OF INTERNAL REVENUE, Respondent
McKim v. Commissioner
Docket No. 968-76.
United States Tax Court
T.C. Memo 1980-93; 1980 Tax Ct. Memo LEXIS 489; 40 T.C.M. (CCH) 9; T.C.M. (RIA) 80093;
March 26, 1980, Filed

*489 Held: Amounts received from settlement of a lawsuit represented claims for lost wages and are not excludable from income.

Lawryn W. McKim and Judy Ann McKim, pro se.
Marvin T. Scott, for the respondent.

IRWIN

MEMORANDUM FINDINGS OF FACT AND OPINION

IRWIN, Judge: Respondent determined a deficiency of $1,679.12*490 in petitioners' income tax for the taxable year 1974.

The only issue presented for our consideration is whether petitioners received taxable income in 1974 as a result of the settlement of a lawsuit brought in the District Court of Arapahoe County, Colorado, by petitioner-husband against his former employer.

FINDINGS OF FACT

Some of the facts have been stipulated. The stipulation of facts together with the exhibits attached thereto are incorporated herein by this reference.

Petitioners, Lawryn W. McKim and Judy Ann McKim, husband and wife, filed a joint Federal income tax return for the taxable year 1974. At the time they filed their petition herein, petitioners resided in Colorado. Since Judy Ann McKim is a petitioner solely by reason of her filing a joint return with her husband for the year in issue, references to petitioner will hereafter be considered as references to Lawryn McKim only.

From about April 5, 1971 through March 27, 1974, petitioner was employed as a salesman by Elder-Quinn and McGill, Inc. (hereafter Elder-Quinn). Immediately after the termination of his employment, petitioner instituted suit against Elder-Quinn. The complaint alleged, in pertinent*491 part, as follows:

FIRST CLAIM

* * *

5. That the Plaintiff has not been paid for the work performed and sales completed during the term of said Contract, and the Defendant has failed and refused to make proper payment to the Plaintiff, pursuant to the terms of said Contract.

6. That the unpaid commission/income amounts to an estimated minimum of $57,500, consisting of the following:

(a) Commissions due and payable for equipment sold, but not delivered, prior to March 27, 1974, as well as over-charging of expenses and failure to fully reimburse expenses paid, which amount is estimated to be a minimum of $26,000.

(b) Commissions due for equipment sold and delivered, but not paid, as well as over-charging of expenses and failure to fully reimburse expenses paid, which amount is estimated to be a minimum of $27,000.

(c) Commissions due and payable for rental equipment, as well as over-charging of expenses and failure to fully reimburse expenses paid, which amount is estimated to be a minimum of $4,500.

7. That the commissions/income due and payable were knowingly, intentionally, and willfully withheld and not paid to the Plaintiff.

8. That as a result thereof, *492 the Plaintiff is entitled to a penalty as provided for by law in the amount of $28,750, as well as reasonable and necessary attorney fees in the amount of $15,000.

SECOND CLAIM

4. That the Defendant knowingly and intentionally failed and refused to pay the income and commissions due to the Plaintiff, pursuant to the terms of said Agreement, as well as over-charging of expenses and failure to fully reimburse expenses paid, which amount is estimated to be a minimum of $30,000.

5. That as a result thereof, the Plaintiff is entitled to a penalty as provided for by law in the amount of $15,000, as well as reasonable and necessary attorney fees in the amount of $8,500.

THIRD CLAIM

2. That the Defendant held out to the Plaintiff as a term of employment, a profit sharing and retirement plan, which along with the other promises and commitments herein, was employed as an enticement by the Defendant, to induce the Plaintiff to leave his former employment and associate with the Defendant.

Plaintiff has an accrued interest therein in an estimated minimum amount of $3,000, which amount is due and owing to the Plaintiff, has been demanded*493 by him, and refused by the Defendant.

In addition thereto, the Plaintiff has and will sustain a present, as well as future, loss of retirement time and benefits, both via employment with the Defendant and by loss of potential with future employment by being forced by the Defendant's actions herein to lose present seniority and start over again at the bottom of the business 'ladder'.

3. That as a result thereof, the Plaintiff is entitled to a penalty as provided for by law in the amount of $16,500, as well as reasonable and necessary attorney fees in the amount of $7,000.

FOURTH CLAIM

The Defendant held out as a term of employment a promise and commitment that Plaintiff's moving expenses from Pittsburgh to Denver would be paid by the Defendant. The Plaintiff incurred such expenses in the amount of approximately $405, which were presented to the Defendant at the time, and demand made for payment thereof. However, Defendant failed and refused to pay such obligation.

FIFTH CLAIM

2. That the Defendant has knowingly, wilfully, intentionally, wantonly, and recklessly engaged in such outrageous conduct, as set forth herein, so as to cause severe*494

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Cite This Page — Counsel Stack

Bluebook (online)
1980 T.C. Memo. 93, 40 T.C.M. 9, 1980 Tax Ct. Memo LEXIS 489, Counsel Stack Legal Research, https://law.counselstack.com/opinion/mckim-v-commissioner-tax-1980.