T.C. Memo. 1998-451
UNITED STATES TAX COURT
STEVEN AND JENNIE JACOBS, Petitioners v.
COMMISSIONER OF INTERNAL REVENUE, Respondent
Docket No. 15664-95. Filed December 23, 1998.
Steven and Jennie Jacobs, pro sese.
Milton B. Blouke, for respondent.
MEMORANDUM OPINION
BEGHE, Judge: Respondent determined a deficiency of $12,930
in petitioners' 1992 Federal income tax. In so doing, respondent
disallowed for lack of substantiation all deductions claimed by
petitioners as expenses of the advertising business carried on by
petitioner Steven Jacobs (petitioner), as sole proprietor, under
Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Next
Last modified: May 25, 2011