John Arthur & Patricia Mulholland Beecroft - Page 3




                                        - 2 -                                         
               Respondent determined deficiencies in petitioners’ Federal             
          income taxes of $7,073, $9,985, and $10,193 for the taxable years           
          1995, 1996, and 1997.                                                       
               The issues for decision are:  (1) Whether petitioners are              
          entitled to disallowed deductions for charitable contributions;             
          and (2) whether petitioners are entitled to disallowed deductions           
          for business expenses.1                                                     
               Some of the facts have been stipulated and are so found.               
          The stipulations of fact and the attached exhibits are                      
          incorporated herein by this reference.  Petitioners resided in              
          San Jose, California, on the date the petition was filed in this            
          case.                                                                       
               Petitioner husband (petitioner) was employed by Steven                 
          Engineering, Inc., beginning around 1990 and throughout the years           
          in issue.  Petitioner’s employment with Steven Engineering                  
          involved the sale of electronics and related products.  He earned           
          wages of $61,879 in 1995 and $63,293 in 1997.  Petitioner wife              
          was employed by the County of Santa Clara, earning wages of                 
          $8,286 in 1995 and $25,610 in 1997.  Their individual wages in              
          1996 are not in the record, but petitioners reported combined               
          taxable wages of $89,546 in that year.  Petitioners filed a joint           
          Federal income tax return for each of the years in issue.                   


          1Adjustments to petitioners’ medical expense deductions and                 
          miscellaneous itemized deductions are computational and will be             
          resolved by our holding on the issues in this case.                         




Page:  Previous  1  2  3  4  5  6  7  8  9  Next

Last modified: May 25, 2011