- 3 - whether petitioner expensed a $22,250 capital asset in 1992 that it also was depreciating; (7) whether petitioner is entitled to a miscellaneous deduction in 1992 of $11,997; (8) whether petitioner is entitled to auto and truck expense deductions in 1992, 1993, and 1994 of $3,794, $6,177, and $5,925, respectively; (9) whether petitioner is entitled to depreciation deductions connected with the personal use of automobiles in 1992, 1993, and 1994 of $1,590, $9,623, and $594, respectively; (10) whether petitioner is entitled to the following expenses in 1992 paid for the benefit of Olympic: Purchases--$6,128; fuel--$13,233; legal fees--$10,931; travel--$11,412; (11) whether petitioner overstated its insurance expenses for 1992, 1993, and 1994 by $3,191, $1,401, and $1,401, respectively; (12) whether petitioner overstated its 1992 repair expenses by $1,543; (13) whether petitioner is entitled to a $64,291 investment tax carryover from 1991 to 1992; (14) whether petitioner is entitled to a $196 jobs credit carryover from 1991 to 1992; and (15) whether petitioner is liable for the accuracy-related penalty under section 6662 for 1992 and 1994 in the amounts of $40,340 and $11,905, respectively.Page: 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