Tax Court: Taxpayers Can't Write Off Withheld RE Gains Tax
By Khadijah M. Britton ( October 29, 2014, 9:10 PM EDT) -- The U.S. Tax Court on Wednesday ruled that a couple couldn't lower their tax burden by deducting the portion of the proceeds from a 2006 property sale that was withheld for taxes because they didn't give their title company a taxpayer ID number or proof of citizenship....
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