- 24 - destroyed the documents. As evidence of his income, petitioner did present a projection or “prospective plan” he had prepared for the FmHA covering the period from January 1 through December 31, 1990, which was signed on March 5, 1990. The projection estimated, among other things, production and sales of petitioner’s crops, cash farm operating expenses, debt repayment, and a summary of the year’s business. Petitioner, however, introduced no credible evidence to prove his gross receipts from farming in 1987, 1988, and 1989. Petitioner’s income during 1987, 1988, and 1989 was not derived solely from farming. Petitioner served on the tribal council from October 1983 until March 1990. By his own admission, petitioner held “about 17 different jobs” at various times, besides the positions he held at the tribal council, including Tobacco Commissioner, game warden, environmental specialist, and various volunteer positions on behalf of the tribal council. Petitioner testified that from about September 1988 until June 1990, he earned $150 per week as Tobacco Commissioner. Petitioner did not testify about or produce any evidence of his income from any other jobs he held for any of the years at issue. We are not required to accept petitioner’s self-serving testimony as evidence of his income, particularly in the absence of corroborating evidence. See Tokarski v. Commissioner, 87 T.C.Page: Previous 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Next
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