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this case, we conclude that petitioners have failed to provide
any substantiation to support any claimed deduction for real
estate tax paid on their Bahamas property.
Petitioners also owned two pieces of property located in
Punta Gorda, Florida. Petitioner testified that petitioners paid
real estate taxes on these properties and claimed the taxes paid
as a portion of the deduction claimed for real estate taxes on
their Schedule A. However, petitioner again did not testify to
the specific amounts of the taxes paid on the Florida properties.
The only corroborating evidence in the record, which petitioner
alleges shows that taxes were paid on these properties, is a
Statement of Annual Maintenance Assessment in the amount of
$96.43. Respondent reported, at trial, that the $1,017 portion
allowed by respondent, pursuant to section 164, of petitioners’
claimed Schedule A deduction for real estate taxes, consisted of
real estate taxes paid in respect to the Florida properties.
However, it is not clear from the record if the amount of the
Annual Maintenance Assessment has already been included in the
$1,017 allowed by respondent or if such amount is considered a
tax.
Based on the foregoing, we conclude that petitioners have
failed to provide any substantiation to support any claimed
deduction for real estate taxes paid on their Florida properties
in excess of the $1,017 allowed by respondent.
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