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Advertising $237
Car expenses 2,856
Legal & professional services 5,080
Supplies 1,301
Meals and entertainment 255
Other expenses
Business storage/rental $11,000
Network fee 2,895
Network fee 136
Postage 247
Printing/copies 868
Professional publications/
books/tapes/seminars 22,160
Secretarial services 500
Telephone 716 38,522
Total expenses 48,251
According to petitioner, and as on his prior year’s return,
the deduction for “Business storage/rental” represented monthly
rent paid to his mother for a dwelling unit used to store product
and material for his “health, wealth and healing ministry”
activity.
In computing taxable income on his 1997 return, petitioner
itemized his deductions using Schedule A. Among the various
deductions claimed, petitioner listed gifts to charity as
follows:
Gifts by cash or check $4,435
Other than by cash or check 5,340
Carryover from prior year 66,214
Petitioner claimed a deduction in the amount of $9,497,
consisting of one-half of his reported adjusted gross income of
$18,994, and claimed $66,492 as a carryover to the following
taxable year.
In support of his claim of gifts to charity “other than by
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Last modified: May 25, 2011