- 5 - said: “They can mail it to your office.” Petitioner also admitted that “I didn’t do a lot of travel business.” Yet, he provided a reconstructed mileage log prepared for the auditor with 44 purported trips for “Sun Trips Pick up ticket”. He had no original records from which he prepared this reconstruction. The mileage between petitioner’s address in San Francisco and Sun Trips’s address in San Jose is 46.8 miles, so the 120 mile round trips on the so-called log are overstated in any event. Respondent states that petitioner was allowed 44 trips for 94 miles and a miscellaneous deduction for other mileage. We believe respondent was generous. For the other mileage, petitioner relied essentially on his own testimony as to the business purpose of these alleged expenses, as well as for the other expenses in issue. It is well established that this Court is not bound to accept a taxpayer’s self-serving, unverified, and undocumented testimony. Tokarski v. Commissioner, 87 T.C. 74, 77 (1986); Hradesky v. Commissioner, 65 T.C. 87 (1975), affd. 540 F.2d 821 (5th Cir. 1976). We find petitioner’s testimony to be just that, self-serving, unverified, and undocumented. We agree with respondent that petitioner did not prove that the disallowed car and truck expenses represent ordinary and necessary business expenses or that such expenses were paid in 1998. The depreciation/section 179 issue turns on petitioner’s claims relating to the purchase of a computer and computerPage: Previous 1 2 3 4 5 6 7 8 9 Next
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