Topic: the bank deposits method assumes that all money deposited i… · Go Syfert
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Topic #34545

2 canonical passages across 2 cases, quoted by 10 opinions in total. These passages cluster together because the same opinions keep quoting them side by side — they state parts of one doctrine. The anchor passage is from Clayton v. Commissioner.

#Case FlagCanonical passage Citers
1 Clayton v. Commissioner Anchor
tax · 1994
green “the bank deposits method assumes that all money deposited in a taxpayer's bank account during a given period constitutes taxable income, but the government must take into account any nontaxable source or deductible expense of which it has knowledge.” 6
2 Bobby E. Welch and Kathleen Newman v. Commissioner of Internal Revenue
ca9 · 2000
green “deposits in a taxpayer's bank account are prima facie evidence of income, and the taxpayer bears the burden of showing that the deposits were not taxable income but were derived from a nontaxable source.” 4

A red or yellow flag on a member means the underlying case has negative treatment — for those, check the case page before relying on the passage.

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