- 5 -
real estate taxes, $5,760 for home mortgage interest, and $2,568
for charitable contributions, in addition to the previously
outlined Schedule C deductions totaling $2,618 and the deduction
for moving expenses in the amount of $3,184.
OPINION
There are two evidentiary matters we must address at the
outset. First are the objections raised by respondent in
paragraphs 4 and 5 of the stipulation of facts to the admission
of Joint Exhibits 3-C and 4-D. Joint Exhibit 3-C consists of a
copy of a "Statement of AssetVantage Account" from the Hong Kong
& Shanghai Banking Corp. dated December 1, 1990, bearing
petitioner's name and an account number (AssetVantage Account).
Joint Exhibit 4-D consists of a copy of a transfer payment order
dated December 18, 1990, from the Bank of America to the Hong
Kong & Shanghai Banking Corp., showing a transferred amount of
$23,000, listing David W. Chiu as remitter and David Woon Chiu as
beneficiary, to the benefit of an account number identical to
that shown on the AssetVantage Account. Respondent objects to
the admissibility of the handwritten marks on Exhibit 3-C on the
grounds of relevance, authenticity, completeness, and hearsay.
Respondent also objects to the admissibility of the entire
document comprising Exhibit 3-C on the ground of hearsay.
Respondent objects to the admissibility of Exhibit 4-D on the
grounds of relevance and hearsay. We hereby overrule
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