Man deducts alimony in annulment.* Before the end of the six-month waiting period required by the divorce decree in his first marriage, Fred J. Pettid married for the second time. Ten years later, he attempted to void the marriage to his second wife. She countered his suit for annulment annulment Legal invalidation of a marriage. It announces the invalidity of a marriage that was void from its inception. It is to be distinguished from dissolution or divorce. To justify annulment, the marriage contract must have a defect (e.g. by charging him with fraud, breach of promise and intentional infliction of emotional distress The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. . Eventually, the Pettids, who had married in the state of Nebraska, settled the suit and the marriage was annulled. He agreed to give her various properties and to pay her $4,000 per month for 84 months. When Pettid deducted the payments as alimony on his individual tax return, the IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. disallowed the deductions, saying the payments were nondeductible damages. In its ruling, the Tax Court held for Pettid, saying a man could deduct alimony paid to a woman to whom he was never legally married. The court's ruling was influenced by Nebraska law, which made little distinction between divorces and annulments (Fred J. Pettid v. Commissioner, TC Memo 1999-126). --Michael Lynch, CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. , Esq., professor of tax accounting at Bryant College, Smithfield, Rhode Island Smithfield is a town in Providence County, Rhode Island, United States. It includes the historic villages of Esmond, Georgiaville, Mountaindale, Hanton City and Greenville. The population was 20,613 at the 2000 census. . |
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