- 16 - Finally, in regard to petitioner's claimed deduction for the depreciation of her home, respondent argued that petitioner was claiming a double deduction for this depreciation. It is well settled that the Internal Revenue Code should not be interpreted to allow the equivalent of a double deduction. United States v. Skelly Oil Co., 394 U.S. 678, 684 (1969). Here, petitioner claimed, and respondent allowed, a depreciation deduction arising from petitioner's home in the computation of her home office expense. Petitioner is not allowed to claim a deduction twice. Therefore, we affirm respondent's determination as to this issue. D. Repair and Maintenance Expenses Respondent determined that petitioner was not entitled to claim a Schedule C deduction for repairs and maintenance in the amount of $852. Petitioner claims that $531 of the claimed deduction arises from a computer service contract between Orad and Kansas City Digital Systems. To substantiate payment for the service contract, petitioner presented the check, discussed above, made to the order of Lafayette Bank for $5,985. Petitioner claims she used this check to purchase both the computer and the service contract. Also, in support of the claimed deduction, petitioner presented a service contract. Petitioner did not present any evidence in regard to the remaining $321 of her claimed deduction ($852 minus $531).Page: Previous 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Next
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