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satisfied from the documentation that was introduced that
petitioner maintained the credit card accounts in question and
that she used them for her law practice. We are also satisfied
that, at the time Mr. Aunan prepared petitioner’s returns for the
years at issue, he had documentation of the credit card interest
paid by petitioner during the years at issue.
With respect to the capital loan interest deducted,
petitioner produced copies of information returns that confirmed
the interest expense paid with respect to petitioner’s business
loans for 1988, 1989, and 1990. The amounts documented
corresponded exactly with the amounts shown on Mr. Aunan’s
workpapers. Although petitioner did not introduce into evidence
copies of her interest statements for 1987, we believe that there
is a sufficient factual predicate in the record to support a
finding that petitioner incurred interest expense attributable to
her business loans and credit card accounts as claimed on her
1987 Schedule C.
Petitioner paid interest expenses as claimed on her
Schedules C for the years at issue and reflected on the chart at
page 79 of this opinion.
q. Travel
For the years at issue, petitioner claimed deductions for
business travel as follows:
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