Valerie Jean Genck - Page 12

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          $878 paid as rent for studio recording time.  Petitioner did not            
          explain what the remaining amount of $91.33 was claimed for.                
          Therefore, we hold that petitioner, in addition to the $1,200 of            
          rent for the home office, is only entitled to a deduction in the            
          amount of $878 for studio recording time as an ordinary and                 
          necessary business expense.  Sec. 162(a).                                   
          Professional Services                                                       
               Petitioner claimed a deduction for professional services in            
          the amount of $645.  The amount claimed represents payments to an           
          engineer for mastering the final tracks of the band's audio and             
          video tapes.  We hold that this expense is deductible as an                 
          ordinary and necessary business expense.  Sec. 162(a).                      
          Office Expenses                                                             
               Petitioner claimed a deduction for office expenses in the              
          amount of $629.  The amount claimed consists of payments for                
          stamps, paper goods, typewriter ribbons, and computer disks.  We            
          hold that these expenses are deductible as ordinary and necessary           
          business expenses.  Sec. 162(a).                                            
          Supplies                                                                    
               Petitioner claimed a deduction for supplies in the amount of           
          $1,143.  The amount claimed consists of payments for promotional            
          glossy photographs, and cassettes and compact disks containing              
          songs requested by customers but not previously included in the             
          band's repertoire.  We hold that these expenses are deductible as           
          ordinary and necessary business expenses.  Sec. 162(a).                     




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