- 10 -
section 280A(c)(2). Accordingly, petitioner failed to establish
that he is entitled to deduct an additional amount in excess of
the amount respondent allowed. Respondent is sustained on this
issue.
5. Interest, Utilities, and Exhibit
Petitioner failed to provide any information as to the
claimed interest expense deduction, utility expense deduction, or
exhibit expense deduction. As a result, petitioner is deemed to
have conceded these items. See Rules 142(a), 149; Pearson v.
Commissioner, T.C. Memo. 2000-160.
We have considered all arguments by the parties, and, to the
extent not discussed above, conclude that they are irrelevant or
without merit.
Reviewed and adopted as the report of the Small Tax Case
Division.
Decision will be entered
under Rule 155.
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Last modified: May 25, 2011