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accept petitioners' self-serving, unverified, and undocumented
testimony. Tokarski v. Commissioner, 87 T.C. 74, 77 (1986);
Hradesky v. Commissioner, 65 T.C. 87 (1975).
Depreciation
Petitioners reported depreciation expense for their vehicle
in the amount of $2,865.20 on their amended return. Petitioner
contends that he purchased his vehicle for $14,345 and that he
determined the amount of his depreciation by using the 5-year
straight-line depreciation method. Respondent reduced this
amount by 15 percent because respondent contends that petitioners
also used the vehicle for personal use. Thus, respondent allowed
petitioners a depreciation deduction in the amount of $2,435 on
the grounds that petitioners used the automobile 15 percent for
personal use. Petitioners only had one automobile. Petitioner
testified that he traveled 51,279 miles in his limousine
business. At another point, he also stated that he had driven
60,000 miles. Dividing the 51,279 miles by the 60,000 miles
results in the rounded-off figure of 85 percent. On this record,
we agree with respondent that petitioner's use of his automobile
for personal use was 15 percent. Respondent is sustained on this
issue.
Insurance
Petitioners reported an insurance expense deduction in the
amount of $4,048 on their amended return. Respondent disallowed
$328 of the claimed amount on the grounds that it represented a
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