Search Rutgers Law Library N.J. Court Opinions

16 EMILIA A. ACIU v. DIRECTOR -- rank: 810

... been of no benefit under the Act by virtue of N.J.S.A. 54A:5-2, which prohibits a taxpayer from deducting losses in one category ... J. Tax at 403. Rather, the issue was controlled by N.J.S.A. 54A:5-2, which provides that only losses that are incurred during the ...

docket:	20999-10
court:	NJ Tax Court
decided:	2012-10-09
status:	Published
citation:
Document Size:	48268

17 MICHAEL & HELEN KAPLAN v. DIRECTOR, DIVISION OF TAXATION, -- rank: 810

... of income, “distributive share of partnership income.” Under N.J.S.A. 54A:5-2, “a net loss in one category of gross income ...

docket:	00032-06
court:
decided:	2008-01-08
status:
citation:
Document Size:	48003

18 JAMES N. STANARD v. DIRECTOR, DIVISION OF TAXATION -- rank: 788

... applied against gross income in another category of gross income. [N.J.S.A. 54A:5-2.] As explained below, plaintiff asserts that the loss distributed to ...

docket:	08149-18
court:	NJ Tax Court
decided:	2020-02-24
status:	Published
citation:
Document Size:	38890

19 SYLVESTER and YONGJIE TUOHY, v. DIRECTOR, DIVISION OF TAXATION, -- rank: 777

... against gain income. Plaintiffs’ argument ignores statutory and common law. N.J.S.A. 54A:5-2 states: “Losses which occur within one category of gross ...

docket:	13607-18
court:	NJ Tax Court
decided:	2022-03-01
status:	Published
citation:
Document Size:	39773

20 SIDNEY and DOROTHY KOCH v. DIRECTOR -- rank: 729

... of the partnership losses in view of the prohibition of N.J.S.A 54A:5-2 against netting of intercategory gains and losses. Plaintiff is arguing ...

docket:	03892-94
court:
decided:	1995-10-31
status:
citation:	15 N.J. Tax 387
Document Size:	33674

21 David R. Allen v. Dir, Div of Taxation -- rank: 715

... be used as a deduction from other categories of income. N.J.S.A. 54A:5-2. This archive is a service of Rutgers School of Law ...

docket:	04866-93
court:
decided:	1994-11-30
status:
citation:	14 N.J. Tax 385
Document Size:	42236

22 /usr/local/share/www/libweb/collections/courts/tax/12212-11.opn.html -- rank: 637

... income to offset gains in other categories of income. See N.J.S.A. 54A:5-2. The Division, therefore, added $3,000 to the income reported ...

docket:	12212-11
court:	NJ Tax Court
decided:	2012-10-19
status:	unpublished
citation:
Document Size:	38351

23 DANIEL SCHULMANN and DEBBIE SCHULMANN and UAK MANAGEMENT CORP.1 and TSK FRANCHISE SYSTEMS INC d/b/a TIGER SCHULMANN'S KARATE CENTER HEADQUARTERS v. DIRECTOR, OF TAXATION -- rank: 593

... the netting of income and losses among the different categories. N.J.S.A. 54A:5-2; Walsh v. Director, Div. of Taxation , 15 N.J. Tax ...

docket:	a2089-10
court:	NJ Superior Court Appellate Division
decided:	2011-12-06
status:	published
citation:	423 N.J. Super. 333 32 A.3d 1133
Document Size:	16732

24 SYLVESTER TUOHY v. DIRECTOR, DIVISION OF TAXATION -- rank: 582

... not be applied to offset current year capital gains. See N.J.S.A. 54A:5-2; Est. of Guzzardi v. Dir., Div. of Tax'n, 15 ... Legislature intended that losses utilized to offset gains pursuant to N.J.S.A. 54A:5-2 must arise during the current year). Similarly, it is well ...

docket:	a2692-21
court:	NJ Superior Court Appellate Division
decided:	2023-06-26
status:	Unpublished
citation:
Document Size:	19231

25 Squibs -- rank: 568

... 3(c), as a federal method of accounting, and due N.J.S.A. 54A:5-2, which bars loss carry- forwards. Plaintiff is also not entitled ...

docket:	k
court:	NJ Tax Court
decided:	2018-12-14
status:	Published
citation:
Document Size:	29705

26 GEORGE K. MILLER, JR., et al. v. DIRECTOR, DIVISION OF TAXATION, -- rank: 484

... one category for the reporting of Subchapter S corporation income, N.J.S.A. 54A:5-2. He also argues that his approach is consistent with the ...

docket:	A0658-01
court:	NJ Superior Court Appellate Division
decided:	2002-06-17
status:	published
citation:	352 N.J. Super. 98 799 A.2d 660
Document Size:	22331

27 JOHN J. MORONEY et al. v. DIRECTOR, DIVISION OF TAXATION -- rank: 367

... reasoned that the "same result" applies under his interpretation of N.J.S.A. 54A:5-2. Therefore, we agree with the Director that although 26 U ...

docket:	a3423-03
court:	njappellate
decided:	2005-03-14
status:	published
citation:	376 N.J. Super. 1
Document Size:	26904

28 JOHN J. MORONEY et al. v. DIRECTOR, DIVISION OF TAXATION -- rank: 367

... reasoned that the "same result" applies under his interpretation of N.J.S.A. 54A:5-2. Therefore, we agree with the Director that although 26 U ...

docket:	a3424-03
court:	njappellate
decided:	2005-03-14
status:	published
citation:	376 N.J. Super. 1
Document Size:	26910