- 10 - for all of their personal travel. In support of their claim to be entitled to deduct car expenses in connection with their newsstand business of $2,132, they sought the introduction of three repair invoices and a handwritten sheet purporting to show gasoline purchases in cash. Two of the repair invoices in the amounts of $817.20 and $149.25 were paid in 1992 and do not have any apparent connection to 1993. They were not accepted into evidence. The third repair invoice is in the amount of $273.42, but there is no testimony or other evidence in the record to show the relationship of the expenditure to petitioner’s newsstand business as opposed to petitioners’ personal use of the car. Finally, petitioners have not substantiated a deduction for gasoline purchases of $892. Petitioners introduced a handwritten list entitled “car gas purchases”, and petitioner testified that it is a list of the weekly cash expenditures “on the gas for traveling from the newsstand to the warehouse”. There are 61 entries of even dollar amounts listed on the sheet that total $876, rather than $892. There are no dates on the list and no indication of mileage. There is no way to determine what portion of the alleged gasoline purchases was used for business and what portion was for petitioners’ personal use of the car. Thus, petitioners have not substantiated anyPage: 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