- 6 - Schedule - Appliances Item No. of Date Cost or FMV before FMV after items acquired1 other basis2 casualty casualty Carpet 1 $2,500 $2,500 $0 Sofa 1 1,250 1,250 0 Television 1 575 575 0 Deep freezer 1 475 475 0 Refrigerator 1 550 550 0 Desk 2 253 506 0 Total 3$5,856 0 1Date item was acquired prior to the year of the casualty. 2Amount of individual item. 3Petitioner decreased this amount by $900 for “depreciation” which resulted in a final claimed casualty loss for electronics of $4,956. However, petitioner only claimed a casualty loss of $4,950 for appliances. Schedule - Tools Item No. of Date Cost or FMV before FMV after items acquired1 other basis2 casualty casualty Dryer3 1 $460 $460 $0 Washing mach. 1 400 400 0 Snow blower 1 500 500 0 Lawn mower 1 189 189 0 Total 4$1,549 0 1Date item was acquired prior to the year of the casualty. 2Amount of individual item. 3In the above schedule and on Form 4684 petitioner claims the dryer was a total loss. However, at trial, petitioner admitted that she repaired the dryer and did not throw it away. 4Petitioner did not decrease this amount for “depreciation”. Schedule - Electronics Item No. of Date Cost or FMV before FMV after items acquired1 other basis2 casualty casualty Computer 1 2 years $2,785 $2,785 $0 Printer 1 1 year 1,400 1,400 0 Games boys 3 0 years 35 105 0 Sega Genesis 1 0 years 150 150 0 Playstation 2 1 0 years 230 230 0 Games 20 0 years 50 1,000 0 Supplies3 2 years 3,400 3,400 0 Computer 5 0 years 35 175 0 books Total 4$9,245 0 1Date item was acquired prior to the year of the casualty. 2Amount of individual item. 3Supplies include: software, files, disks, copier paper, etc. 4Petitioner decreased this amount by $1,700 for “depreciation” which resulted in a final claimed casualty loss for electronics of $7,500.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Next
Last modified: May 25, 2011