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TAX COURT TUGS ON SUPERMAN'S CAPE
October 25, 2007
Crimefighting is a lonely, unappreciated job, especially for free-lance crimefighters like Superman and taxpayer Lazar Simov Kovachevich:
Petitioner testified that his itemized deductions represented, in part, a $71,200 casualty or damages for his time fighting crime and criminals and defending himself and his business pro se in the courts against the Government. Petitioner concluded that since attorneys are paid "when [they] practice in the court," he too should be similarly compensated or rewarded for his pro se appearances. Petitioner is claiming a deduction for his loss of time or the value thereof, and he is not entitled to it.
Worse, the IRS hit the taxpayer with penalties for unsupported positions. Let's hope Lex Luthor doesn't go after any Tax Court judges as part of his plan for world domination.
Cite: Kovachevich, T.C. Summary Opinion 2007-179
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