PULVERS V. COMMISSIONER
407 F.2d 838 (9th Cir. 1969)
NATURE OF THE CASE: This was a dispute over a casualty loss deduction. Pulvers (P)
challenged an order of the United States Tax Court, which affirmed the determination that Ps
might have suffered a fluctuation in value of their property, but incurred no actual loss
and therefore could not take a deduction for other casualty loss on their federal income tax
return.
FACTS: Pulvers (P) lived in the hills and a nearby landslide ruined nearby homes. Because
of P's location in the danger zone the value of their home was impacted by the fear of other
landslides. P took a casualty loss on their tax return. The IRS denied the deduction because
no physical injury had yet occurred.
ISSUE:
RULE OF LAW:
HOLDING AND DECISION:
LEGAL ANALYSIS:
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