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required to accept self-serving testimony in the absence of
corroborating evidence. See Niedringhaus v. Commissioner, 99
T.C. 202, 212 (1992); Tokarski v. Commissioner, 87 T.C. 74, 77
(1986). Moreover, the Court is not convinced that petitioner
incurred any job hunting expenses in excess of those allowed by
respondent. Consequently, on this record, the Court holds that
petitioner is not entitled to any miscellaneous itemized
deductions, for 1994, in excess of those allowed by respondent.
The final issue is whether petitioner is entitled to trade
or business expenses for 1994 in excess of those allowed by
respondent. On Schedule C, Profit or Loss From Business, of his
1994 return, petitioner reported $5,377 for gross receipts and
claimed $8,799 for total expenses in connection with a computer
services activity. The expenses consisted of $907 for car and
truck expenses, $14 for commissions and fees, $3,614 for
depreciation, $11 for office expenses, $236 for rental of
vehicles, machinery, and equipment, $375 for supplies, and $3,638
for other expenses.5 "Other expenses" included $1,440 for
telephone expenses, $250 for storage, $58 for professional
journals, $450 for contract labor, $316 for software, and $1,124
for diskettes. Respondent disallowed $2,069 of these expenses,
5
These figures total $8,795 rather than $8,799; however, this
apparent mathematical error is not relevant to the Court's
holdings herein.
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