-4-
July 3 3,165
July 3 1,000
July 25 831
Aug. 2 2,500
Aug. 18 1,000
Aug. 28 1,248
Oct. 5 102
Nov. 6 114
Nov. 16 457
Nov. 17 289
Nov. 22 210
Nov. 29 251
Dec. 1 3,000
Dec. 14 3,000
Dec. 18 3,000
Dec. 18 454
Dec. 29 763
23,784
Petitioners had not included any of these deposits in their 1995
gross income.
During this proceeding, respondent conceded error as to 17
of the deposits determined to be includable in petitioners’ 1995
gross income. Respondent now asserts that only the following six
deposits are so includable: The July 3 deposit of $3,165, the
July 25 deposit of $831, the August 2 deposit of $2,500, the
December 1 deposit of $3,000, the December 14 deposit of $3,000,
and the December 18 deposit of $3,000. The $3,165 was a deposit
made in cash or by check. The $831 was a deposit made in cash.
The $2,500 and the first $3,000 were deposits made by wire
transfer from the Lorain, Ohio, bank account of Ms. McDermott’s
mother. The second $3,000 was a deposit made by check. The
third $3,000 was a deposit made by check, the drawer of which was
a bank located in the Bahamas.
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Last modified: May 25, 2011