- 2 - After concessions by respondent,1 the remaining issues for decision are (1) whether petitioner is entitled to deduct certain Schedule C, Profit or Loss From Business, expenses for the year at issue, and (2) whether petitioner is entitled to a casualty loss deduction of $5,151.19 for 1998. FINDINGS OF FACT Some of the facts have been stipulated and are so found. The stipulation of facts and the attached exhibits are incorporated herein by this reference. At the time the petition was filed, petitioner resided in Houston, Texas. Petitioner holds a master’s degree in music education from the University of North Texas. Petitioner was employed as a full-time band teacher for 31 years, 26 of those years at Lanier Middle School in Houston, Texas. Since retiring from full-time employment, petitioner has taught band part time. During 1998, petitioner was employed as a part-time assistant band director for the North Forest Independent School District. 1 In a Stipulation of Settled Issues filed with the Court on Oct. 22, 2001, respondent conceded for the 1998 taxable year that petitioner is entitled to: (1) A dependency exemption claimed for his son; (2) head of household filing status; (3) an educational credit of $1,250; and (4) business expense deductions on Schedule C, Profit or Loss From Business, of $751 for legal or professional expense and $121 for professional and musician dues. At trial, respondent conceded that petitioner is entitled to a Schedule C expense deduction of $1,047.49 for music educator and professional convention expenses incurred with respect to petitioner’s attending the International Association of Jazz Educators Convention in New York City.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
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