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Table 4
Schedule C Reconstruction--1985
Bank Deposits Amount Explanation
Barnett joint checking $38,541.90
Barnett money market 101,084.65
Safra Bank 85,000.00
224,626.55
Nontaxable Income
Refunds/Reimbursements 2,753.00 1. These figures drawn from notice of
deficiency for tax year 1985.
Certificate of deposit 15,191.00
Transfers 3,000.00
Exchanges 1,250.00
Sale of house 20,000.00
Inheritance 19,641.00 2. Inheritance deposited into the Barnett
money market account in November and
December 1985.
Sale of car 14,000.00
(75,835.00)
Petitioner's Explanations
Safra Bank 50,000.00 1. Table 1.
Barnett money market 29,465.80 2. Table 2
Barnett joint checking - 0 - 3. Table 3
(79,465.80)
Unexplained Bank Deposits 69,325.75
(Without taking into
account stipulated
sources of income)
Wages 32,199.00
Less withholding (5,329.00)
Less FICA (2,270.00)
Net Wages (24,600.00)
Other Sources of Income
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