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Loss From Business:
Year Gross Income Total Expenses Net Losses
1996 $10 ($1,625) ($1,615)
1997 357 (13,177) (12,820)
1998 625 (17,504) (16,879)
1999 1,450 (17,384) (15,934)
2000 3,235 (23,001) (19,766)
Total 5,677 (72,691) (67,014)
The parties also stipulated that petitioners reported continuing
losses from their Amway distributorship on their tax returns for
2001 and 2002.
For the years in issue petitioners’ expenses from their
Amway activity were as follows:
1999 2000
Expenses
Advertising $514 $290
Car and truck expenses 6,618 8,504
Depreciation expenses 55 351
Office expenses 1,609 1,102
Supplies 0 4,408
Travel 2,878 2,831
Meals/entertainment 817 1,111
Utilities 1,322 3,598
Other Expenses
Books and training aids 3,571 96
Professional membership 0 710
Total 17,384 23,001
A substantial portion of petitioners’ Amway expenses was
incurred in their traveling to various locations throughout the
country to attend meetings and seminars hosted by the Florence
organization. Petitioner generally described these meetings as
training functions that petitioners attended to learn techniques
for building a successful network from instruction by his upline
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Last modified: May 25, 2011