- 6 - carried a pager in which Metrocall was the provider. Finally, he had two cell phones, one through Alltel and one through Intelos. He had two cell phones because, although one of the carriers did not provide clear reception at his residence, that number was listed in the multiple listing service for real estate agents, and he did not want to lose that benefit. At trial, petitioners produced billing statements from the various telecommunications carriers that provided them services. These statements reflected over $2,400 in telecommunications expenses for 1999.3 Petitioners based their Schedule C deduction for utilities for 1999 on the available receipts and adjusted the amount downward by half. On their 1999 return, petitioners reported $24,283 in wage income. On Schedule C, they reported gross receipts of $1,489, expenses of $26,563, and a net loss of $25,074 from Mr. Viar’s real estate activity. They reported no rental income from the Morningside Heights dwelling on Schedule E and claimed taxes, depreciation, and insurance expenses of $1,322 relating to it. On their 2000 return, petitioners reported $17,415 in wage income. On Schedule C, they reported gross receipts of $644, expenses of $14,843, and a net loss of $14,199 from the real 3 Petitioners provided Metrocall statements for the entire 1999 year. Eleven months of AT&T statements were provided, 10 months for Alltel, 8 months for Intelos, and 4 months for Verizon.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Next
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