Finance - HL 139 (1)

From: gene ferguson

Date: 08/27/12 14:13:02

To: Dick Deeds

Cc: Mark Sztanyo

Subject: Succes finally with the I.R.S.

This information might be helpfull for those retired pilots amending and appealing their 2007 and 2011 taxes.

After writing to the "appeals office" handling my taxes and pointing out specifically the "new law" signed by

President Obama on Feb. 14, 2012. The IRS has approved my claim and said I would get the check plus interest

within 3 weeks.

I will provide "my letter" (See below) to the "appeals office" to anyone who thinks it might help them.

Gene Ferguson

theproco@earthlink.net

From: gene ferguson

Date: 08/28/12 13:45:01

To: Dick Deeds

Cc: Mark Sztanyo

Subject: Letter to "appeals office" (2007 taxes)

Below is the "letter" I sent to the Appeals Office.

Of further info: I have recieved my "check" already and when I contacted "TD Ameritrade" to prepare for a

transfer from "Roth" to "IRA" and deposit to "IRA", they were very familiar with the "new law" and told me

I had six months after recieving the "check" to complete the transaction!!

Gene Ferguson

"theproco@earthlink.net"

AMENDED TAX RETURN FORM 1040X for 2007

John Doe xxx-xx-xxxx

Mary Doe xxx-xx-xxxx

ADDRESS

LINES

To: Internal Revenue Service

Appeals Office

July 23, 2012

Section 1106 on pages 152, 153 and 154 of the “FAA Modernization and Reform Act of 2012” was passed by Congress and signed into Law on Feb. 14, 2012 by President Obama.

This “New Law” was long pursued in Congress by The Airline Pilots Assoc. (ALPA) on behalf of thousands of retired pilots in regards to the way their loss of “Medical Insurance settlement” was treated as “Wages” by Delta Airlines in their “bankruptcy”.

This “New Law” super cedes all previous IRS laws and regulations and IRC’s such as IRC 104(a)(3)(A)&(B) and IRC 61(1) and also Code Section 3121(v)(2).

This “New Law” was directly and specifically dealing with “Air Line Bankruptcy” and is entirely clear that the loss of “Medical Insurance settlement” should not now be treated as “Wages”. ( This “settlement” is what I am appealing) This “settlement” is a “nontaxable event” at this time and “will be taxed” when it is withdrawn from my IRA Account. I am entitled to place this “settlement” into an IRA.

To date I have complied in a timely compliance with this “New Law”.

The IRS should have known of this “New Law” way back in Feb. 2012 and should have been ready to act in timely compliance.

I, myself notified the IRS by certified mail on May 21, 2012 of this “New Law”.

John Doe Mary Doe

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