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deductions claimed on the Schedule C. See Karara v.
Commissioner, T.C. Memo. 1999-253, affd. without published
opinion 214 F.3d 1358 (11th Cir. 2000). It follows that
respondent’s disallowance of the loss that results from those
deductions is sustained, and we so hold.
Reviewed and adopted as the report of the Small Tax Case
Division.
Based on the foregoing,
Decision will be
entered for respondent.
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Last modified: May 25, 2011