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In March 1991, petitioners traveled to Oklahoma with Steve
Taylor (Taylor) to play bingo. Petitioner charged Taylor's
airfare and a rental car on his credit card. We find that
petitioner was reimbursed $306.12 from Taylor for this trip.
In June 1991, petitioners traveled to Florida on vacation
with Taylor and George Hurst (Hurst). Petitioner charged the
entire cost of renting the vacation condominium on his credit
card. We find that petitioner was reimbursed $337.89 each from
Taylor and Hurst for their shares of the rental.
In August 1991, petitioners traveled to Las Vegas, Nevada,
with Taylor. Petitioner charged Taylor's airfare on his credit
card. We find that petitioner was reimbursed $936 from Taylor
for this trip.
From September 24 through October 2, 1991, petitioner took a
sightseeing trip through several northern States and Canada with
a Mr. Gray (Gray). Petitioner charged the hotel accommodations
for this trip on his credit card and was reimbursed by Gray for
his share of the expenses. We find that petitioner was
reimbursed $150 from Gray for this trip.
Petitioner claims that during 1991 he received a $1,500 loan
from his mother. Petitioner provided a copy of the canceled
check to corroborate his testimony. We find that the $1,500
represented in the deposits by this loan is not subject to tax.
As stated earlier, petitioners maintained a cash hoard in
their home during 1991. Petitioners would deposit money from
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