- 4 - sales of goods delivered to IBC customers. IBC had the right to discharge petitioner for certain infractions specified in the union agreement. IBC provided petitioner with paid holidays, vacations, and sick and funeral leave. In addition, IBC provided petitioner with severance pay benefits and coverage under pension and health benefit plans. Normally, petitioner’s sales route was based on driver seniority. Petitioner’s compensation from his activity was reported to him and the Government by IBC as wages on a Form W-2, Wage and Tax Statement. For 1997 and 1998, IBC reported wages of $45,700 and $42,940, respectively, to petitioner. For 1997 and 1998, petitioners deducted $7,965 and $6,443, respectively, for home office expenses. During the years in issue, one of the bedrooms in petitioner’s home was converted into an office which he used for budget tracking and promotional and other work. IBC did not require petitioner to maintain an office in his home as a condition of employment. Respondent concedes that if the Court finds that petitioners are not entitled to home office deductions under section 280A, then petitioners are entitled to the following additional deductions on Schedules A, Itemized Deductions, for 1997 and 1998:Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Next
Last modified: May 25, 2011