- 6 - other materials that she used to find out about the latest trends in the entertainment industry and to obtain information about directors, producers, and casting people. In 1991, petitioner received wages from Medcom Billing Services of $25,157.05 and gross income from K.C. & Co. of $3,229.75. On the Schedule C, petitioner claimed expenses related to K.C. & Co. which totaled $26,913.43. In the notice of deficiency, respondent disallowed all or part of the expenses claimed, as follows: Expense Claimed Allowed Disallowed Advertising $2,500.00 -0- $2,500 Union dues 177.50 $147 30 Education 3,752.00 -0- 3,752 Photos 1,800.00 -0- 1,800 Resumes 53.00 -0- 53 Instrument rental 2,593.00 -0- 2,593 Props/sets 4,270.00 -0- 4,270 Education materials 354.75 -0- 355 Airline tickets 1,553.00 1,243 310 Dry cleaning 46.00 -0- 46 Car and truck 3,422.00 2,910 512 In the stipulation of settled issues and the stipulation of facts, the parties stipulated that petitioner was entitled to deduct a total of $3,422 for Schedule C car and truck expenses. At trial, respondent's counsel stipulated that petitioner was entitled to deduct an additional $30 for union dues and $310 for airline tickets. Therefore, these amounts are no longer in dispute.5 5 We note that petitioner claimed a Schedule C deduction (continued...)Page: Previous 1 2 3 4 5 6 7 8 9 10 11 Next
Last modified: May 25, 2011