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return on February 3, 1995.2
In Schedule A, Itemized Deductions, of the 1993 joint
return, petitioners claimed a deduction totaling $20,607.57 for
“Medical and dental expenses”. That deduction consisted of:
(1) $3,889 for physicians and medicines; (2) $8,573 for the
removal of carpeting from, and the installation of hardwood
flooring in, petitioners’ residence; (3) $5,525 for repainting
the interior of petitioners’ residence after the hardwood floor-
ing was installed; and (4) $2,621 for renting an apartment in
which petitioners lived while they had the foregoing work done in
their residence.
In the 1993 joint return, petitioners claimed depreciation
deductions with respect to a Toyota automobile (Toyota) and
claimed depreciation deductions and other deductions with respect
to Mr. Mitic’s Mercedes and another automobile.
In Schedule A of the 1994 joint return, petitioners claimed
a casualty loss deduction of $40,500 with respect to Mr. Mitic’s
Mercedes. As required, petitioners filed Form 4684, Casualties
and Thefts (Form 4684), with the 1994 joint return. In section B
of Form 4684, Business and Income-Producing Property, part I,
Casualty or Theft Gain or Loss, petitioners indicated (1) that
the “Cost or adjusted basis” of Mr. Mitic’s Mercedes was $67,500,
2The record does not disclose when Ms. Mitic signed the 1993
joint return.
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