Opinion ID: 197050
Heading Depth: 3
Heading Rank: 1

Heading: Tax Court Authorities

Text: 22 The Delaneys challenge the leading precedent upon which the Tax Court relied, see Kovacs v. Commissioner, 100 T.C. 124, 1993 WL 46512 (1993), aff'd, 25 F.3d 1048 (Table) (6th Cir.), cert. denied, 513 U.S. 963, 115 S.Ct. 424, 130 L.Ed.2d 338 (1994), for its holding that the prejudgment interest component in a compensatory damages recovery for personal injuries is taxable. The Delaneys maintain that Kovacs is unsound because it relied upon judicial precedents for taxing postjudgment interest as authority for taxing prejudgment interest. Consequently, they contend, Kovacs progeny such as Delaney are similarly flawed. As their argument is raised for the first time on appeal, we decline to address it. See, e.g., Villafane-Neriz v. F.D.I.C., 75 F.3d 727, 734 (1st Cir.1996) (arguments first raised on appeal not ordinarily addressed). 6