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Cashiers, North Carolina, into which she deposited her paychecks.
Petitioner used funds from her personal account to pay household
expenses such as groceries, day care, medical expenses and
clothing for herself and the children, and gasoline. Mr. Womack
paid the larger household expenses, including the mortgage,
telephone, electricity, water, and trash bills, and the
automobile insurance. As of January 1989, the Womacks' monthly
mortgage payment was $945. On those occasions when petitioner
was unable to cover her own or her children's expenses with her
own funds, she would tell Mr. Womack what was needed, and he
would supply her with the necessary funds.
Petitioner's net pay after withholdings for the years 1989
and 1990 was $10,606 and $14,528, respectively. The amount of
cash petitioner withheld when depositing her paychecks totaled
$2,444 in 1989, and $2,400 in 1990. During 1990, a total of
$24,718 was deposited into petitioner's Brevard Federal account.
In 1989 and 1990, Mr. Womack received loans of $12,000 and
$6,000, respectively, from petitioner's father. Petitioner was
unaware of these loans. During 1990, Mr. Womack also received
loans from Joe Stroup totaling $2,704. Other funds received by
one or both of the Womacks during the years at issue were:
Source 1989 1990
Veterans Administration $5,486.00 $5,486.00
Sale of equipment 20,000.00 2,500.00
Mr. Womack's W-2 net pay 777.95
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