A reveler drank too much at a party and had the good sense to arrange a ride home.
A few hours later, after slowing down in his revelry, he thought he was okay to drive. Unfortunately, the vehicle he was operating slid off the road and rolled over. The cops arrested him for drunken driving because his blood alcohol reading was just over the legal limit.
His insurer refused to pay for the damage to his car because of the arrest. Yet the Tax Court let him deduct the cost of the damage as casualty loss because it said that he had tried to act reasonably.
Had he driven straight home from the party with a high blood alcohol level and had the accident,
the court declared that it would have nixed his deduction because his actions would have constituted gross negligence.:mj07: :mj07: :mj07:
A few hours later, after slowing down in his revelry, he thought he was okay to drive. Unfortunately, the vehicle he was operating slid off the road and rolled over. The cops arrested him for drunken driving because his blood alcohol reading was just over the legal limit.
His insurer refused to pay for the damage to his car because of the arrest. Yet the Tax Court let him deduct the cost of the damage as casualty loss because it said that he had tried to act reasonably.
Had he driven straight home from the party with a high blood alcohol level and had the accident,
the court declared that it would have nixed his deduction because his actions would have constituted gross negligence.:mj07: :mj07: :mj07:
