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$933.78. Jennifer did not testify at trial in this case.
Although Barbara testified, she did not address the sale of
Jennifer's collection or even confirm that Jennifer ever had such
a collection. Petitioners did not ask Morova about the sale when
he testified at trial. Petitioners have not established that the
check to Jennifer was a distribution of proceeds from the sale of
her collection or that the $933.78 payment is otherwise
deductible in 1991.
i. Wade Carsel
Wade Carsel is a dealer whose company is named Box Man.
Petitioners have not provided any evidence regarding the $100
check paid to Mr. Carsel. Therefore, petitioners' income is not
reduced by $100.
j. Carl Dietz
The $19,775 check paid to Dietz is the money from the
Megacards deal that Raymond distributed to Dietz. The sale was
made in 1991, and the proceeds from the sale were deposited into
the Ameritrust account. Therefore, petitioners' income for 1991
will be reduced by $19,775.
k. Cash
Dave Cirino (Cirino) is a dealer who bought large wax boxes,
sorted out the stars, and then sold the commons.6 The checks
payable to cash in the amounts of $1,200 and $120 are for commons
6The term "commons" refers to baseball card that feature a
player who is not considered a star.
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