- 8 - out-of-pocket expenses of $6,586, they were reimbursed $9,539 by Monroe County, and therefore there are no unreimbursed direct out-of-pocket expenses for which petitioners are entitled to a charitable deduction under section 170. On brief, petitioners concede that they are not entitled to a deduction for one-fifth of their indirect expenses; i.e., the fair rental value of their home, vacation cottage, utilities, etc. Petitioners contend, however, that the $8,559 received from Monroe County as a board payment reimburses (or partially reimburses) them for the one-fifth of these indirect costs attributable to their foster child. Petitioners further contend that the direct out-of-pocket expenses listed above have only been reimbursed to the extent of the $509 clothing allowance. (Petitioners neglect to mention the $471 of special allowances they received.) Consequently, petitioners claim they are entitled to a charitable contribution deduction in the amount of $6,077 for their unreimbursed direct out-of-pocket expenses ($6,586 out-of-pocket expenses - $509 clothing allowance = $6,077). In the alternative, petitioners argue that if this Court finds that they have been reimbursed by a portion of the board payment for the food expenses of $1,739 directly attributable to their foster child, they should be allowed a charitable contribution deduction of $4,338 for the unreimbursed direct out- of-pocket expenses incurred to care for their foster childPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 Next
Last modified: May 25, 2011