The U.S. Supreme Court is determining whether the personal mandate for every individual to carry health coverage is constitutional. This personal mandate is set to take effect in 2014; those who refuse to carry health coverage will be subject to a penalty collected by the IRS. Arguments on the constitutionality of Obamacare are set for the end of March, with a final decision expected by the end of June.
Two former IRS commissioners, Mortimer Caplin and Sheldon Cohen, have submitted briefs arguing that the court cannot render a decision as yet because the case is being presented too early. Essentially, they are saying that a constitutional challenge cannot be heard before the personal mandate takes effect in 2014.
Increase in value of property due to market conditions. When you sell appreciated property, you pay tax on the appreciation since the date of purchase. When you donate appreciated property held long term, you may generally deduct the appreciated value.