- 14 - produced a receipt for the computer evidencing the amount and date of purchase. However, petitioner did not establish the extent of the personal versus business use of the computer. Sec. 1.274-5T(c)(2)(ii)(C), Temporary Income Tax Regs., 50 Fed. Reg. 46014 (Nov. 6, 1985).3 Therefore, petitioner is not entitled to depreciate the Apple Macintosh LC III computer. Petitioner provided canceled checks and a receipt for furniture purchased in 1994. Petitioner testified that he purchased the furniture for use in his waiting room. Petitioner purchased an armoire for $106.99 and chairs for $240.74. Petitioner is entitled to a depreciation deduction for these expenses. As to the items purchased prior to 1994, petitioner did not produce documents or other evidence. We do not find petitioner’s unsupported self-serving testimony and document to be credible. Niedringhaus v. Commissioner, 99 T.C. 202, 219-220 (1992); Tokarski v. Commissioner, 87 T.C. 74, 77 (1986). We sustain respondent’s determination as to the items purchased prior to petitioner’s 1994 tax year. 6. Legal and Professional Expenses Petitioner deducted $425 for legal expenses. Petitioner did not have any records regarding this deduction. Petitioner 3 In addition, petitioner failed to establish that the use of the computer was related to his trade or business.Page: Previous 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Next
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