- 6 -
140, 152 (1973), affd. without published opinion 505 F.2d 1302
(5th Cir. 1974). The $15,533.00 petitioner reported as
commissions and fees (which included dues, radio, vouchers,
tolls, and commissions) was improperly claimed as a deduction by
petitioners because $14,694.49 constituted a reimbursement and
the record is silent with respect to the remaining $838.51
($15,533.00 - $14,694.49).
Car and Truck Expenses
Petitioners reported car and truck expenses for gasoline in
the amount of $7,680 on their amended return. Petitioner
contends that during 1994 he traveled at least 51,279 miles for
business purposes. Petitioner further contends that he averaged
10 miles per gallon of gasoline and that he paid at least $1.50
per gallon for gasoline. Thus, petitioner contends that he spent
$7,680 on gasoline during 1994 (our calculation shows this amount
to be $7,692). Respondent allowed petitioners expenses for
gasoline in the amount of $6,187.
Based on this record, we conclude that petitioners are not
entitled to car and truck expenses for gasoline in excess of the
amount allowed by respondent. Notwithstanding petitioner's
testimony that he paid $7,680 for gasoline in 1994, petitioners
provided no documentary evidence to support petitioner's
expenditures. Petitioners failed to offer any receipts, canceled
checks, or credit card statements to support those expenditures.
We have stated on many occasions that this Court is not bound to
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 Next
Last modified: May 25, 2011