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Year Category of Income Amount Total
1984 Gain from sale of stock and commodities $ 86,914
Partnership distributions 11,324
Royalties 1,213
$ 99,451
1985 Gain from sale of stock and commodities $ 15,385
Interest 7,731
$ 23,116
1986 Loss from sale of stock and commodities $ (5,313)
$ (5,313)
1987 Loss from sale of stock and commodities $(64,130)
Interest 154
Checks not deposited into petitioner’s
bank accounts 145,430
$ 81,454
1988 Gain from sale of stock and commodities $ 27,226
Interest 71
Fees 15,000
Checks not deposited into petitioner’s
bank accounts 44,100
$ 86,397
1989 Gain from sale of stock and commodities $ 83,165
Fees 59,155
$142,320
Also, during the years in issue, petitioner maintained one
personal bank account at each of the two banking institutions
indicated below, and petitioner made total deposits into these
two personal bank accounts in the amounts indicated:
Total
Year Banking Institution Bank Deposits
1985 Deseret Fed Sav & Loan Assoc $ 7,736
1986 Deseret Fed Sav & Loan Assoc 189,773
1987 Deseret Fed Sav & Loan Assoc $1,149,642
Guardian State Bank 255,678 1,405,320
1988 Guardian State Bank 34,532
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Last modified: May 25, 2011