- 12 - adding the invoices for the work that Michael had completed each month, and then adding the monthly totals. The invoices totaled $68,757 for 1994 and $88,502 for 1995. On the Schedules C for the plumbing business, Michael reported 1994 gross receipts of $68,758 and 1995 gross receipts of $82,721. On answering brief, petitioners concede that Michael should have reported 1995 gross receipts of $88,502--$5,781 more than Michael in fact reported. Supra note 3. Table 1 sets forth the amounts of the Forms 1099 issued to the plumbing business for 1994 and the amounts of the corresponding invoices that Sandra prepared. Table 1 Customer Form 1099 Amounts Invoice Amounts Randy Bolnar $1,080 $300 Walter Martinolich 4,062 2,855 Renard J. Falcon Plumbing 5,492 864 Sizeler Property 1,010 1,641 Bayona Corp. 3,960 2,285 Metro Bank 1,392 1,180 Southern Foods Group 9,283 9,213 Totals: 26,279 18,338 Table 2 sets forth the amounts of the Forms 1099 issued to the plumbing business for 1995 and the amounts of the corresponding invoices that Sandra prepared.Page: Previous 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 Next
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