-7- B. 1992 Petitioner deposited a total of $90,120 in his checking and savings accounts in 1992. Petitioner made 16 deposits into his checking account, totaling $14,210. At least 12 of these deposits, totaling $11,350, were cash deposits.6 Petitioner made 24 deposits, totaling $62,310, into savings account #1. All of the deposits, except one, were cash deposits. The sole noncash deposit of $50 was a refund petitioner received from a dating service. On July 2, petitioner deposited $15,000 into this account, which was the proceeds of a loan he received from Wachovia. On August 28, he withdrew $14,748 to repay the balance remaining on this loan. Between April 29 and November 4, petitioner made three deposits, totaling $10,000, into his savings account #3. At least one deposit, of $2,000, was in cash.7 On the same dates that petitioner made deposits into savings account #3, he also made deposits into savings account #4. The three deposits into 6 It is unclear from the record whether the deposits of $500, $700, $860, and $800, made on June 24, Sept. 1, Nov. 4, and Dec. 8, respectively, were cash deposits. Due to the uncertain nature of these deposits, these amounts are not included as cash deposits. 7 Petitioner made deposits on Apr. 1, June 24, and Nov. 4. It is unclear from the record whether the deposits made on Apr. 29 and Nov. 4, each for $4,000, were deposits of cash.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