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by check, petitioner was not obligated to account to BMAP
for the money, and there was no restriction or limitation
on petitioner’s use of the money. He was free to use the
money received from BMAP in any way he wished.
Petitioner married Mrs. Patricia Vetrano in 1991.
During 1993, she was employed at a racetrack in Atlantic
City, New Jersey. She received a Form W-2 from the
Atlantic City Racing Association for 1993 that reports
wages of $17,561.75. This amount was reported on
petitioners’ joint return for 1993.
Petitioner was previously married to Ms. Teresa A.
Simone. He had two children from that marriage. He was
divorced from Ms. Simone pursuant to a divorce action that
was commenced in 1987 in the New Jersey Superior Court,
Family Part, Chancery Division. By order dated May 3,
1988, the divorce court ordered him to pay $200 per week
to Ms. Simone as child support for his two children. For
several years thereafter, including during the years in
issue, petitioner and Ms. Simone engaged in litigation over
the amount of child support that petitioner would have to
pay and various other matters. From time to time in that
litigation, petitioner was required to document his income
by submitting pay stubs and other financial information,
including bank statements, to the divorce court.
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