- 4 - records, a taxpayer, under the law, was "allowed" deductions for such expenses pursuant to a "formula". The disallowed deductions consisted of the following: 1998 1999 Charitable contributions $ 7,159 $ 6,725 Unreimbursed employee expenses (before the sec. 67(a) limitation) 14,472 15,701 Petitioners acknowledged at trial that their actual charitable contributions were considerably less than the amounts claimed on their returns. Mrs. Parrett estimated that petitioners actually contributed to charity approximately 33 percent of the amount claimed on their 1998 return and approximately 24 percent of the amount claimed on their 1999 return. The unreimbursed employee expenses shown above represented the commuting expenses of petitioners to and from their residence with respect to their respective places of employment. Mr. Beltran advised petitioners that such expenses were deductible, even though it appears that petitioners had never previously claimed such expenses as deductions on their returns for prior years. With respect to the first issue regarding petitioners' entitlement to deductions for charitable contributions andPage: Previous 1 2 3 4 5 6 7 8 9 10 11 Next
Last modified: May 25, 2011