- 25 - cannot determine the amounts of any of these expenses, and petitioners are not entitled to a deduction of $960 for miscellaneous expenses. For the remainder of the expenses, must-see movies of $480 and telephone expenses of $326,7 we hold that they are not deductible expenses for the same reasons explained under Mr. Richards’ writing activity. 5. Loss Carryforward Petitioners claimed a loss carryforward from their 1993 income tax return in the amount of $15,892. Petitioners submitted their 1993 return, which appears very similar to the 1994 return. Petitioners did not provide any evidence to prove that they are entitled to carry over the loss from 1993. Petitioners’ return for 1993 does not alone establish that petitioners incurred the loss in question, and it is not evidence of the correctness of the figures and information contained therein. See Wilkinson v. Commissioner, 71 T.C. 633, 639 (1979). 6(...continued) under sec. 162. See, e.g., Green v. Commissioner, T.C. Memo. 1989-599. Such costs are not deductible even when it has been shown that the particular clothes would not have been purchased but for the employment. See Stiner v. United States, 524 F.2d 640 (10th Cir. 1975); Donnelly v. Commissioner, 262 F.2d 411 (2d Cir. 1959), affg. 28 T.C. 1278 (1957). Furthermore, expenses related to hair salon visits and cosmetics are inherently personal expenses under sec. 262. 7 Mrs. Richards gave the Court the phone number of her agent. However, we could not find this number on any of the bills.Page: Previous 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Next
Last modified: May 25, 2011