Interesting Twist on File Ownership Issue
Timothy McVeigh's attorney donated his file to the Univerity of Texas at Austin. The file was appraised at $300,000 and he sought a tax deduction. The IRS disallowed it because he didn't own the file. Jones v. Comm'r of Internal Revenue, 129 T.C. 16 (2007).
On a side note, I presume the file was going to the Ransom Center, which is an amazing place to visit.
Maybe the atty should have sold it on ebay instead. The IRS would probably agree that the file was abandoned property.
Posted by: ohismith | May 02, 2008 at 12:05 PM