DISCLAIMER:  The following unofficial case summaries are prepared by the clerk's office
                        as a courtesy to the reader. They are not part of the opinion of the court.

073660P.pdf   10/14/2008  Nora Keating  v.  CIR
   U.S. Court of Appeals Case No:  07-3660
                          and No:  08-1266
   Tax Court, Internal Revenue Service   
   [PUBLISHED] [Murphy, Author, with Arnold and Benton, Circuit Judges]
   Civil case - Federal Tax. The Tax Court did not clearly err in
   determining based on all of the facts and circumstances, including an
   analysis of the 9 factors in Treasury Regulation Sec. 1.183-1(b)(2), that
   Keating did not conduct her horse breeding activity for profit and could
   not deduct her losses from the activity.