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Respondent determined deficiencies in petitioners’ Federal
income taxes of $4,819, $4,369, and $2,786 for the taxable years
1994, 1995, and 1996.
The issues for decision are: (1) Whether petitioners are
entitled to disallowed deductions for medical expenses,
charitable contributions, personal property taxes, and
miscellaneous itemized deduction expenses; and (2) whether
petitioners received unreported interest and dividend income.
Some of the facts have been stipulated and are so found.
The stipulations of fact and the attached exhibits are
incorporated herein by this reference. Petitioners resided in
Willingboro, New Jersey, on the date the petition was filed in
this case.
The first issue for decision is whether petitioners are
entitled to various disallowed deductions. On their joint
Federal income tax returns, petitioners claimed deductions for
the following expenses for each respective year:
1994 1995 1996
Medical expenses $19,541 $19,647 $12,465
Charitable contributions 2,985 3,026 2,142
Misc. itemized deduction expenses 4,754 4,651 2,595
Personal property taxes 3,759 764 -0-
In the statutory notice of deficiency, respondent disallowed all
of these deductions. Respondent concedes that petitioners paid
employee business expenses of $705 in each year for purchases of
boots and safety glasses.
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Last modified: May 25, 2011