Knight v. Commissioner

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Knight v. Commissioner presents a question to the U.S. Supreme Court about taxation:[1]

  • When calculating adjusted gross income for income tax purposes, is it lawful for a testamentary trust to deduct the fees it paid for investment advice?


  1. No. 06-1286. Certiorari granted June 25, 2007. Ruling below: 467 F.3d 149 (2nd Cir. 2006).