Opinion
Case No. 11-CV-10202.
December 08, 2011.
ORDER GRANTING DEFENDANT'S MOTION FOR SUMMARY JUDGMENT [DOC. 13]
Plaintiffs, Barnaby and Linda Jacob, seek a refund of their federal income taxes totaling $271,964, on their amended 2005 Form 1040, related to the Internal Revenue Service's disallowance of a casualty loss deduction in the amount of $1,197,393 that plaintiffs assert was sustained in 2005. The case is before the court on defendant United States of America's motion for summary judgment. The court heard oral argument by counsel on December 8, 2011. Now, therefore, for the reasons stated on the record,
IT IS HEREBY ORDERED that defendant's motion for summary judgment is GRANTED and the case is DISMISSED.
It is so ordered.