- 2 - Respondent determined a deficiency in petitioner’s Federal income tax for 2000 in the amount of $5,267. The sole issue for decision is whether a payment of $37,000 made by petitioner to his former wife in 2000 is deductible as alimony under section 215. We hold that it is not. An adjustment to the amount of petitioner’s itemized deductions is a purely mechanical matter, the resolution of which is dependent on our disposition of the disputed issue. Background Some of the facts have been stipulated, and they are so found. Petitioner resided in Loxahatchee, Florida, at the time that his petition was filed with the Court. At or about the time they were married in July 1997, petitioner and his then wife, Deborah Gamer (Ms. Gamer), jointly purchased a residence in which they lived during their marriage. The residence was titled in the couple’s joint names as tenants by the entireties. Petitioner and Ms. Gamer were divorced in March 2000. On or about February 22, 2000, petitioner and Ms. Gamer entered into a Marital Settlement Agreement (settlement agreement). The settlement agreement provided, in part, as follows: 10. Alimony. Each party does hereby waive alimony and does hereby totally, irrevocably and completely relieve the other party of all matters and charges whatsoever excepting as set forth in thisPage: Previous 1 2 3 4 5 6 7 8 9 10 11 Next
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