- 4 - For the years in question, petitioners claimed the following itemized deductions on their returns, which were disallowed in full by respondent in the notice of deficiency: 1998 1999 Charitable contributions $ 6,925 $ 7,272 Unreimbursed employee expenses and tax preparation fees (before the sec. 67(a)limitation) 12,770* 15,515* * As noted supra note 2, the parties settled this adjustment. Petitioners acknowledged at trial that their actual charitable contributions were considerably less than the amounts claimed on their returns. They estimated their actual charitable contributions to be approximately $2,000 for each year. However, on their 1996 and 1997 tax returns, which were offered in evidence by respondent, their contributions were $520 and $545, respectively, for 1998 and 1999, and they made no claim for job expenses and other miscellaneous deductions on their returns for these 2 years. With respect to the charitable contributions issue, petitioners' testimony at trial satisfies the Court that the amounts claimed were arbitrarily determined by the return 3(...continued) ignore all correspondence they received concerning their tax returns.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 Next
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