- 5 -
contributions, and he was required to file a report declaring
those contributions. He made copies of each check for purposes
of reporting the contributions on the report. He reported the
total amount of his contributions.
Petitioner's Medical Practice in 1987 and 1988
For 1987 and 1988, petitioner's income and expenses of his
medical practice were reported on Schedule C, Profit or (Loss)
From Business or Profession. He was the stated proprietor.
During 1987 and 1988, and for several prior years, many of
petitioner's patients were referred to him by personal injury
attorneys. These patients had been involved in some type of
accident and required medical attention. Petitioner would
generally treat each patient and send the patient's bill directly
to the patient's attorney. He received payments for these
services from the patient's attorney, and the payments were taken
from the settlement proceeds of, or recoveries from, the personal
injury case.
In 1987 petitioner received 990 checks from 63 attorneys,
insurance companies, and governmental agencies, in the total
amount of $577,285.94. He knew that each of these checks was
income to him.
In 1988 petitioner received 864 checks from 65 attorneys,
insurance companies, and governmental agencies, in the total
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011