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APPENDIX A
All the following issues were conceded by the parties in the
stipulation of settled issues.
Petitioner concedes that he had unreported interest income
of $42,175 in 1990, $41,734 in 1991, $21,251 in 1992, and $40,724
in 1993. Petitioner concedes that he received taxable management
fee income of $6,420.70 from Eureka Field Nursery during 1991.
Petitioner concedes that his flow-through loss from the S
corporation Villa Sol during 1990 was $750. Additionally,
petitioner concedes that his distributive share from the S
corporation Brevard Specialities was $2,531 in 1990, $800 in
1991, and $535 in 1992.
Petitioner concedes that he did not report a $19,200
guaranteed payment from a partnership in 1991. Petitioner
concedes that he received taxable Social Security benefits
(subject to Code limitations) of $3,371.50 in 1991 and $3,816 in
1992.
Petitioner concedes that he realized a capital gain of
$23,865.68 as a result of the condemnation by the Florida
Department of Transportation of .46 acres petitioner owned in
1992. Petitioner concedes that he received a short-term capital
gain of $225 from the closing out of the bank account of Eureka
Field Nursery in 1992.
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