- 91 -
check No. 30 drawn on the ERG-Recreation fund account payable to
Mark Benson (Mark) for $9,000. However, the balance for 1993,
$8,000, remains at issue as well as the entire amount for 1994.
8. Respondent concedes that a payment made from the ERG-
Ford Retirement Fund in 1990 of $26,000 is not income to the
Bensons. Respondent also concedes that the Bensons are not
liable for the 10-percent penalty pursuant to section 72 of
$2,600 for 1990.
9. The Bensons concede that they had additional royalty
income from Form 1099 sources in the years and amounts listed:
Year Amount
1988 $883
1989 709
1993 570
1994 586
10. The Bensons concede that they had additional dividend
income from Franklin Money Fund accounts for the years, for the
accounts, and in the amounts listed:
Account No. 1988 1989 1990 1993
11102309431 $204.36 $192.66 $229.39 $360.04
11100025476 -0- -0- 461.69 627.07
11. The Bensons are not entitled to the dependency
exemptions claimed for Esther Benson (Esther) for 1988, 1989, and
1990.
12. The Bensons are not entitled to itemized deductions for
mortgage interest in excess of the amounts allowed by respondent
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