Orneal and Martha Kooyers, et al. - Page 36

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          expenses are substantiated and would otherwise be deductible by             
          petitioners.  Respondent allowed petitioners total itemized                 
          deductions of $10,127 computed as follows:                                  
                                   Expense                 Amount                     
                     Medical expense                                                  
                     Total medical expenses              $1,916                       
                     Less 7.5% AGI                       (31,451)                     
                     Medical expense deduction           -0-                          
                     Taxes                               558                          
                     Home interest expense               3,712                        
                     Contributions                       14,702                       
                     Misc. expenses                                                   
                     Total misc. expenses                3,559                        
                     Less 2% AGI                         (8,387)                      
                     Excess misc. expense deduction     -0-                           
                     Total                               18,972                       
                     Less applicable limitation1         (8,845)                      
                     Total itemized deductions           10,127                       
                     1Computed on adjusted gross income of                            
                     $419,340.                                                        
               The OMK Company Trust claimed total deductions of $129,899,            
          including $3,729 for fiduciary fees, $56,871 for charitable                 
          contributions, $900 for attorney’s, accountant’s, and return                
          preparer’s fees, $15,970 for continuing education, $6,037 for               
          travel expenses, $448 for dues and subscriptions, $2,461 for                
          medical, $2,224 for investment expenses, $6,457 for publishing              
          costs, $6,724 for rentals, $760 for repairs and maintenance,                
          $12,041 for supplies, $1,845 for 50 percent of the cost of meals,           
          $4,043 for other trust expenses, and $9,389 for a net operating             
          loss.  The OMK Family trust claimed deductions of $120 for                  





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