- 17 - convenience check issued by AT&T Universal Gold MasterCard into one of their personal checking accounts. F. Tax Returns Petitioners timely filed “married filing separate” income tax returns for both of the years in issue. In each of these tax returns, the respective petitioner correctly showed that petitioner’s spouse’s name and Social Security number at the appropriate places. Their tax returns for 1989 through 1993 also were “married filing separate”. For 1994 and 1995 petitioners reported adjusted gross income and total tax as shown in table 3. Table 3 Michael Sandra Year Adjusted Gross Total Tax Adjusted Gross Total Tax Income Income 1994 $8,360 $1,314 $17,877 $1,068 1995 8,926 1,456 17,700 946 On the 1994 and 1995 Schedules C, Michael reported gross receipts, cost of goods sold, expenses, and net profit for the plumbing business as shown in table 4. Table 4 Year Gross Receipts Cost of Goods Sold Expenses Net Profit 1994 $68,758 $44,780 $14,982 $8,996 1995 82,721 54,141 18,975 9,605 The tax returns for both petitioners were prepared by Jeanne S. Duh� (hereinafter sometimes referred to as Duh�), a C.P.A.Page: Previous 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 Next
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