- 13 -
a copy of a receipt from The Clothes Less Traveled Thrift Shop,
Inc., a charity in Peachtree City, Georgia, for a donation valued
at the same amount as the charitable contribution deduction they
claimed on the return. Petitioners’ documentation regarding the
donation of property is inconsistent with the position
petitioners took on the return because it lists a different
charity. Petitioners offered no explanation for this
inconsistency.
Mr. Stephens testified that his wife added the dollar value
amount to the statement. Petitioners also introduced several
pages of a worksheet they completed to determine that the value
of the property they donated was $1,413. Petitioners introduced
no documentation to establish the original purchase price of the
property. We find that petitioners have failed to substantiate
and are therefore not entitled to deduct any amount of the
claimed charitable contribution.
To reflect the foregoing and the concessions of the parties,
Decision will be entered
under Rule 155.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14
Last modified: November 10, 2007