Read Hornung v. Commissioner, 47 T.C. 428 (1967), which involves...

Read Hornung v. Commissioner, 47 T.C. 428 (1967), which involves...

Author: Jean Brunner


Read Hornung v. Commissioner, 47 T.C. 428 (1967), which involves the constructive receipt doctrine and how it was used to determine the year of inclusion in taxable income. How does the constructive receipt doctrine impact a cash-basis individual’s taxable income? What factors could have resulted in a different determination?

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