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Description Business Use Elected Section
Activity of Property Cost/Basis 179 Expense
Sch. C R.N./Attorney Computers $1,842 $1,842
Sch. C R.N./Attorney Computer 4,014 4,000
Sch. C R.N./Attorney Copier 5,384 5,000
Sch. C R.N./Attorney Filing cabinet 621 621
Sch. C R.N./Attorney Camera 572 500
Sch. C R.N./Attorney Desk 450 250
From K-1's
Totals $12,883 $12,213
Petitioner made no claim on the amended return for a section
179 expense deduction with respect to the Neon, either as a
Schedule C expense of her law practice or as a Schedule E pass-
through item of Master Plan. In her pretrial memorandum,
petitioner listed as one of the issues to be decided in this
case: "Whether the petitioner is entitled to claim depreciation
and Section 179 election for various items including a 1995 Neon
automobile and what is the correct amount of the deduction." She
failed, however, to further address the issue in the pretrial
memorandum. At trial, petitioner alleged that she filed a second
amended return on which she claimed the Neon as a section 179
expense deduction. A copy of this second amended return was not
produced at trial. Petitioner did not testify or otherwise
introduce evidence of the extent, if any, that the Neon was used
in Master Plan's business or her law practice. In her posttrial
memorandum, petitioner argues that she is entitled to section 179
expense deductions for 1994 for her costs of purchasing the
following items:
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Last modified: May 25, 2011