Keith F. Marason - Page 6

                                        - 6 -                                         
               The following is a summary of respondent's bank deposit                
          analysis for 1990:                                                          
                                   1990                                               
          Deposits to:                                                                
               1.  Bank of Guam       $68,534                                         
               #107202861                                                             
               2.  Wells Fargo Bank    43,260                                         
               #0025-085119                                                           
               3.  Wells Fargo Bank    82,135                                         
               #0295-235527                                                           
               On October 1, 1990                                                     
               transferred to                                                         
               #0025-722398                                                           
          Add:                                                                        
               Cash withdrawn                                                         
               at time of deposits      1,250                                         
          Gross deposits:             195,179                                         
          Less:                                                                       
               Transfers              (62,650)                                        
          Rounding                   (13)                                             
               Nontaxable items         (5,008)                                       
               Taxable deposits:      127,508                                         
          Less:                                                                       
               Schedule C                                                             
               gross income           (81,687)                                        
          Additional income:           45,8236                                        

          At trial, respondent conceded $13,737 of the $45,823 additional             
          income reflected in the 1990 bank deposit analysis.  Accordingly,           
          the amount remaining in dispute for 1990 is $32,086.                        


          6  This number comes from respondent's Notice of Deficiency.  There is a    
          $2 subtraction error.                                                       




Page:  Previous  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  19  20  Next

Last modified: May 25, 2011