- 2 - Respondent determined a deficiency in petitioners’ 1996 Federal income tax in the amount of $7,566. The issue for decision1 is whether John Awadallah (hereinafter petitioner) is entitled to various Schedule C deductions in excess of the amounts allowed by respondent. Some of the facts have been stipulated, and they are so found. The stipulation of facts and attached exhibits are incorporated herein by this reference. At the time of filing the petition, petitioners resided in Oldsmar, Florida. Background Petitioner graduated in 1993 from pharmacy school. Shortly thereafter, petitioner passed the New York State licensing examination for pharmacists. Petitioner worked full time as a pharmacist for Walgreen’s in 1995 and 1996. In 1995, petitioner consulted with his accountant, Nassaat Antonious (Mr. Antonious), to create a side business. Petitioner established a tutoring activity in which he assisted students in 1 The notice of deficiency contains an adjustment to petitioner’s employment tax. This is a computational adjustment which will be affected by the outcome of the other issues to be decided, and we do not separately address it. Petitioner Susan Malaty (Ms. Malaty) did not appear at trial and did not execute the stipulation of facts. Accordingly, the Court will dismiss this action as to her pursuant to respondent's oral motion to dismiss for lack of prosecution. See Rule 123(b), Tax Court Rules of Practice and Procedure; Basic Bible Church v. Commissioner, 86 T.C. 110, 114 (1986). However, the decision will be entered as to Ms. Malaty consistent with the decision entered as to petitioner John Awadallah.Page: Previous 1 2 3 4 5 6 7 8 9 10 Next
Last modified: May 25, 2011