WADE v. COMMISSIONER

2001 T.C. Memo. 114, 81 T.C.M. 1613, 2001 Tax Ct. Memo LEXIS 143
CourtUnited States Tax Court
DecidedMay 14, 2001
DocketNo. 11521-99
StatusUnpublished

This text of 2001 T.C. Memo. 114 (WADE 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
WADE v. COMMISSIONER, 2001 T.C. Memo. 114, 81 T.C.M. 1613, 2001 Tax Ct. Memo LEXIS 143 (tax 2001).

Opinion

JOHN & CHRISTINA WADE, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
WADE v. COMMISSIONER
No. 11521-99
United States Tax Court
T.C. Memo 2001-114; 2001 Tax Ct. Memo LEXIS 143; 81 T.C.M. (CCH) 1613;
May 14, 2001, Filed

*143 Decision will be entered for respondent.

Erwin A. Rubenstein, for petitioners.
Gregory C. Okwuosah, for respondent.
Goldberg, Stanley J.

GOLDBERG

MEMORANDUM OPINION

GOLDBERG, SPECIAL TRIAL JUDGE: Respondent determined a deficiency in petitioners' Federal income tax of $ 1,120 for the taxable year 1996. Unless otherwise indicated, section references are to the Internal Revenue Code in effect for the year in issue, and all Rule references are to the Tax Court Rules of Practice and Procedure.

The sole issue for decision is whether petitioners are entitled to deduct $ 4,000 for contributions to their individual retirement accounts (IRA's) in 1996.

This case was submitted fully stipulated pursuant to Rule 122. The stipulation of facts and the attached exhibits are incorporated herein by this reference. At the time the petition was filed, petitioners resided in Ann Arbor, Michigan. Petitioners are husband and wife. References to petitioner in the singular are to Christina Wade.

Petitioner was a part-time employee of Washtenaw Community College (WCC) of the Michigan public school system during taxable year 1996. As a part-time employee of WCC during 1996, petitioner*144 was required to become a member of the Michigan Public School Employees Retirement System (MPSERS). The MPSERS' Member Investment Plan (plan) is a statewide employer-sponsored qualified defined benefit plan. Participation in the MPSERS is mandatory under the Public School Employees Retirement Act of 1979 (the Act), as amended, Mich. Comp. Laws, sec. 38.1301-38.1408 (1997), for all public school full-time, part-time, teaching and nonteaching, employees, including short-term and interim employees except for a few specific groups exempt by law. Because petitioner's position with WCC was not exempt by law, she was automatically enrolled in the plan as a part-time employee in 1996.

Section 108 of the Act, Mich. Comp. Laws sec. 38.1408, provides the following: "This state intends that the retirement system be a qualified pension plan created in trust under SECTION 401 OF THE INTERNAL REVENUE CODE and that the trust be an exempt organization under SECTION 501 OF THE INTERNAL REVENUE CODE. * * *"

Upon automatic enrollment in the plan, petitioner was required to contribute 3 percent of the first $ 5,000 of compensation. Consequently, $ 84.89 was automatically contributed to the plan by WCC*145 from petitioner's total compensation in 1996 of $ 2,830.

In order to qualify to receive benefits under the plan, petitioner must earn at least 10 years of credited service and be at least 60 years old. A single credit year is earned upon performing Michigan public school work for 170 days at 6 or more hours per day within the school fiscal year of July 1 through June 30. No more than 1 year of credit may be earned within 1 school fiscal year, and proportionate service credit is granted for less than full-time employment. If petitioner is unable to reach the 10-year minimum amount of service credit, then she will not receive any retirement benefits. During calendar year 1996 petitioner worked 169.50 hours. Based upon the MPSERS calculation, which is part of the stipulation of facts, petitioner earned 0.083 years of service credit during 1996, which did not entitle her to receive any regular plan benefits. At no time did petitioner receive benefits under the plan.

In 1996, petitioners contributed $ 2,000 each to their respective IRA's. On their 1996 joint Federal income tax return, they claimed an IRA deduction of $ 4,000 and reported adjusted gross income of $ 77,142. Respondent determined*146 that petitioners were not entitled to their IRA deduction pursuant to section 219(g).

In general, a taxpayer is entitled to deduct amounts contributed to an IRA. See sec. 219(a); sec. 1.219-1(a), Income Tax Regs. The deduction in any taxable year, however, may not exceed the lesser of $ 2,000 or an amount equal to the compensation includable in an individual taxpayer's gross income for such taxable year. See sec. 219(b)(1). The maximum amount that may be deducted is further limited where the taxpayer or spouse of the taxpayer is an "active participant" in certain retirement plans. Sec. 219(g)(1). An "active participant" is defined by

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Related

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270 U.S. 245 (Supreme Court, 1926)
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2000 T.C. Memo. 41 (U.S. Tax Court, 2000)
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85 T.C. No. 10 (U.S. Tax Court, 1985)

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Bluebook (online)
2001 T.C. Memo. 114, 81 T.C.M. 1613, 2001 Tax Ct. Memo LEXIS 143, Counsel Stack Legal Research, https://law.counselstack.com/opinion/wade-v-commissioner-tax-2001.