- 10 - $366. Petitioners received a $366 check from Piper, Jaffray, dated January 7, 1987. Petitioners also engaged the brokerage firm of Wilson-Davis to purchase and sell stock on their behalf during 1987. On September 2, 1987, Wilson-Davis sold 9,000 shares of NRG on behalf of Mrs. Sparrow for $1,484. Petitioners received a $1,484 check from Wilson-Davis dated September 8, 1987. The $1,484 check was petitioners' proceeds and gain from the sale of NRG, and it should have been included in determining their 1987 gross income. Petitioners failed to include this $1,484 in their 1987 gross income. On September 21, 1987, Wilson-Davis sold 30,000 shares of NRG on behalf of Mrs. Sparrow for $5,267. Petitioners received a $5,267 check from Wilson-Davis dated September 28, 1987. The $5,267 check was petitioners' proceeds and gain from the sale of NRG, and it should have been included in their 1987 gross income. Petitioners failed to include this $5,267 in their 1987 gross income. On November 16, 1987, Wilson-Davis sold 22,800 shares of NRG on behalf of Mrs. Sparrow for $959. Petitioners received a $959 check from Wilson-Davis dated November 23, 1987. The $959 check was petitioners' proceeds and gain from the sale of NRG, and it should have been included in their 1987 gross income. Petitioners failed to include this $959 in their 1987 gross income.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Next
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