- 2 - Respondent determined a deficiency in petitioners’ Federal income tax of $5,543 for the taxable year 2000. After dismissal of petitioner Christine P. Boido,2 the issues for decision are: (1) Whether payments totaling $34,352 made by petitioner Vincent J. Boido, Jr. (petitioner) to his former wife are deductible as alimony; and, if not, (2) whether such payments are deductible as a nonbusiness bad debt.3 An adjustment to the amount of petitioners’ itemized deductions is a purely computational 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. We incorporate by reference the parties’ stipulation of facts and accompanying exhibits. At the time that the petition was filed, petitioners resided in New Hudson, Michigan. Before his marriage to petitioner Christine P. Boido, petitioner was married to Rene M. Thiellesen (Ms. Thiellesen). 2 Petitioner Christine P. Boido did not appear at trial and did not execute the stipulation of facts. Accordingly, the Court will dismiss this action as to her. Rule 123(b). However, decision will be entered against petitioner Christine P. Boido consistent with the decision entered against petitioner Vincent J. Boido, Jr., as to the deficiency in tax. 3 In the notice of deficiency, respondent disallowed one of petitioners’ claimed dependency exemptions and increased petitioners’ claimed child tax credit. These matters have been resolved by the parties.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Next
Last modified: May 25, 2011