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Total Deposits Per Bank Statements 1,603,317 3,650,854
Less:
Loans 105,000
Loans 20,000
Redeposits to Bus. Acct. 77,823 102,241
Sales Tax 5,783
Refunds 64,481
Transfers from Bus. Acct. 4,300
Transfers from Pers. Acct. 1,000 1,800
Redeposits from Pers. Acct. 920
Reported Wages 19,291 12,938
1990 Tax Refund 1,079
Loan or Transfer-Eckerd CU 418
Bank Deposit Analysis 1991 1992
Credit Card Advance 1,000
Credit Card Loan 5,000
Insurance Payment 142
Non-Self Employment Deposits 3,500 3,000
Total 1,423,800 3,400,655
Add Back
Withheld Taxes 1,560 802
Withheld FICA 1,476 1,217
Total Sales Per Bank Analysis 1,426,836 3,402,674
Total Sales Per Return 1,384,446 3,303,511
Total Unreported Income 42,390 99,163
Respondent's determinations of unreported income for 1991
and 1992 by using a bank deposits analysis were not accurate in
some respects. The sources of certain amounts of the deposits
were from nontaxable income items.
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Last modified: May 25, 2011