Which of these notations would appear after a U.S.Tax Court citation if the IRS agrees with the decision?
A)Rev'd 935 F.2d 203 (1991).
B)Nonacq. 1979-1 C.B. 1.
C)Cert. den. 361 U.S. 875 (1959).
D)Acq. 1990-1 C.B. 2.
E)None of the above.

Question

Quizplus · Accepted Answer

The notation "Acq. 1990-1 C.B. 2" would appear after a U.S. Tax Court citation if the IRS agrees with the decision. "Acq." stands for "acquiescence" and indicates that the IRS accepts the court's decision and will follow it in similar future cases. The year and page number cited indicate where the IRS officially announced its agreement in the Internal Revenue Bulletin, the official publication of the IRS.

Which of These Notations Would Appear After a U