T.C. Memo. 2005-197
UNITED STATES TAX COURT
RONNIE O. AND G. JUNE CRAFT, Petitioners v.
COMMISSIONER OF INTERNAL REVENUE, Respondent
Docket No. 2858-04. Filed August 15, 2005.
Clinton J. Wofford, for petitioners.
Audrey M. Morris, for respondent.
MEMORANDUM FINDINGS OF FACT AND OPINION
VASQUEZ, Judge: Respondent determined a deficiency of
$6,672 in petitioners’ 2001 Federal income tax. After a
concession,1 the issues for decision are: (1) Whether petitioners
are entitled to deduct expenses listed on Schedule C, Profit or
1 Respondent conceded an interest income adjustment
proposed on the notice of deficiency in the amount of $381.
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