Ronald A. and Kellie Weigelt - Page 9

                                        - 9 -                                         
               Because the $70,070.60 SSB payment was properly included in            
          petitioners' 1992 income, petitioners' adjusted gross income                
          exceeds $50,000.  Accordingly, the $4,000 deduction for the IRA             
          contributions is not allowable under section 219(g).                        
               To reflect the foregoing,                                              
                                                  Decision will be entered            
                                             for respondent.                          


































Page:  Previous  1  2  3  4  5  6  7  8  9  

Last modified: May 25, 2011