- 11 - Supplies Respondent disallowed Mr. Kerrigan's entire Schedule C deduction for supplies in the amount of $6,143.23. On brief, respondent concedes that petitioners have substantiated a deduction of $98.25. At trial, petitioners presented credit card receipts totaling $226.64. Most of these receipts were for purchases at the Drug Fair in Potomac, Maryland. Descriptions on the receipts of the various purchases are either nonexistent or illegible. Because petitioners have failed to substantiate a business purpose for this deduction, we sustain respondent's disallowance of these expenses except for the $98.25 which respondent concedes. Insurance Expenses Respondent disallowed Schedule C deductions for insurance expenses by Mrs. Kerrigan and Mr. Kerrigan in the respective amounts of $571 and $146.96. Petitioners presented insufficient evidence at trial to convince us that they are entitled to these deductions. Petitioners produced an insurance bill from the Erie Insurance Co. in the amount of $238. We are uncertain, however, of the date on which this bill was either issued or paid.5 We therefore sustain respondent's determination. 5We note the apparent similarity between this bill and the car and truck expense deduction claimed by Mrs. Kerrigan for a $238 payment to the Erie Insurance Co. on Jan. 7, 1985.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Next
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