- 5 - Petitioner filed a 1997 Federal income tax return1 in which he claimed, among other items, head-of-household filing status, dependency exemption deductions for his three children, and an alimony deduction of $2,515. Petitioner filed an amended 1997 Federal income tax return dated May 15, 2000, in which he increased the amount of his alimony deduction to $4,991. With his amended return petitioner included a Schedule C relating to his drafting activity on which he reported gross income of $3,840 and a net loss of $1,548. Petitioner deducted the following expenses on his Schedule C: Expense Amount Car and truck 1$186 Depreciation and sec. 179 expense 3,485 Office expense 57 Rent or lease--vehicles, machinery, and equipment 189 Rent or lease--other business property 1401 Repairs and maintenance 30 Supplies 181 Taxes and licenses 90 Utilities 289 Other expenses (books) 16 Expenses from business use of house 464 Total 5,388 1 The exact amount of this expense is unclear from the copy of the Schedule C but has been derived using the total. Ms. Richards filed a separate income tax return for the 1997 tax year. On Schedule A, Itemized Deductions, attached to her 1 The return was electronically filed. This is relevant with respect to the issue of whether a waiver was attached to the return, as will be discussed infra. Sec. 152(e)(2)(B).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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