Rogelio R. Balot and Zenaida V. Balot - Page 13




                                       - 13 -                                         
                                       Table 2                                        
                                  BANK ACCOUNT ANALYSIS                               
          9112       9212        9312     9412                                        
          Total Bank Account Deposits          84,090.    [3]144,149.   120,045.  139,307.
          less non-taxable deposits     (9,066.)   (37,457.)  (22,219.) (45,958.)     
          Income-wages-Net[1]           (44,149.)   (46,922.)[6](54,638.) (75,164.)   
          -Retirement T/P-H             (15,094.)   (15,177.)  (17,756.) (23,246.)    
               -Retirement T/P-W   (3,157.)                                           
               -IRA Distribution        (224.)                                        
               -Condo Rent              (8,200.)  (5,895.)  (4,500.)  (6,950.)        
               -Miscellaneous            (147.)   (675.)     (368.)    (668.)         
               -Tips                              (1,230.)                            
               -Sale of Stock-Net                 (5,978.)  (2,969.)                  
          Excess Deposits per Exam      4,053.   [4]30,823. 17,595.  (12,679.)        
          Additional Non-Taxable Income                                               
          Per Appeals Adjustments       -0-      (3,396.)   (7,576.)                  
          Excess deposits per Appeals  [2]4,053.   [5]10,629.   [7]10,018.     -0-    

          1  “Net” means net of withheld amounts shown on the Forms W-2.              
          2 This amount is $19 less than the 1991 $4,072 notice of                    
               deficiency adjustment for Other Unreported Income.  In the             
               absence of an explanation from respondent, we conclude that            
               the slight preponderance of the evidence of record leans               
               toward petitioners with respect to this $19.  On opening               
               brief, respondent concedes a $21 amount, which may include             
               this $19.  The parties are directed to resolve this matter             
               in the computation under Rule 155.                                     
          3 This amount is $10 less than the sum of the stipulated                    
               amounts deposited into petitioners’ bank accounts.  Compare            
               supra table 1, column 1992.  Respondent attributes the                 
               difference to a clerical error on respondent’s part, and               
               “concedes the $10 difference.”  That is, respondent does not           
               ask that the 1992 $10,630 notice of deficiency adjustment              
               for Other Unreported Income be increased to correct this               
               error.                                                                 
          4 This amount is $8 more than the sum of the items in the 1992              
               column showing the bank account analysis that respondent               
               made in determining the amount of the 1992 $10,630 notice of           
               deficiency adjustment for Other Unreported Income.  In the             
               absence of an explanation from respondent, we conclude that            
               the slight preponderance of the evidence of record leans               
               toward petitioners with respect to this $8.                            
           5 In arriving at the 1992 Other Unreported Income adjustment               
               in the notice of deficiency, respondent subtracted the                 


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