Use an internet search engine (e.g., Google) to find Internal Revenue Code $ 61(a). What is defined in this Code Section? Is the definition broad or narrow? (2) Go to legalbitstream.com, and find the U.S Tax Court case in which Mark Spitz, the former Olympic gold medalist, is the petitioner.

Answer the following questions about the case: 

a).What tax years are at issue in the case? 

b). In what year was the case decided? 

c). Did the court decide in favor of Mr. Spitz or the IRS? 

d). Were any penalties imposed on Mr. Spitz? Why or why not?