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Lansing, New York; fair rental value of all furnishings in their
home and cottage; fair rental value of their 2-week use of a
condominium at Sanibel Island, Florida; fair rental value of
petitioners' boat, sailboat, and waverunner; utilities;
landscaping and repair expenses; country club dues and expenses;
and automobile mileage for family trips. The sum of these items,
as initially computed by petitioners, was $123,507. One-fifth of
this equaled $24,701.
Next, petitioners added actual out-of-pocket expenses
attributable to their foster child for 1991. These included the
following: Food expenses directly attributable to their foster
child; clothing/toys purchased; educational expenses; babysitting
expenses; medical expenses; recreation expenses; and the
allowance given to their foster child. The sum of these out-of-
pocket expenses, as initially calculated by petitioners, was
$6,438. The total for both the indirect and out-of-pocket
expenses was $31,139.
Petitioners then reduced the amount of the indirect and out-
of-pocket expenses by the $9,539 they received from Monroe
County. This left an interim amount of $21,600.
Last, petitioners reduced the $21,600 by $6,499. This
resulted in the $15,101 charitable contribution deduction claimed
on their 1991 return for foster care expenses in excess of
reimbursement.
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