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taxpayer’s unverified and self-serving testimony. Blodgett v.
Commissioner, 394 F.3d 1030, 1036 (8th Cir. 2005), affg. T.C.
Memo. 2003-212; Shea v. Commissioner, 112 T.C. 183, 189 (1999).
Because petitioner has failed to corroborate his testimony or
provide any substantiation to support his claimed amount of
casualty loss, we find we cannot estimate any amounts of
petitioner’s deductions under the Cohan rule, and we sustain
respondent’s disallowance of petitioner’s claimed casualty loss
deduction in the amount of $35,410.
We have considered all of the other arguments made by the
parties, and, to the extent that we have not specifically
addressed them, we conclude they are without merit.
To reflect the foregoing,
Decision will be entered
for respondent.
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Last modified: May 25, 2011