- 3 - $16,000 in 1990, which he allegedly received as reimbursements for renovations of the beauty shop; (4) whether petitioner is entitled to deduct under section 162 expenses of $3,210 in 1989 and $14,951 in 1990 allegedly paid to beauty shop employees; (5) whether petitioner is entitled to deduct additional expenses allegedly paid in the beauty shop business and horse racing activities in 1988, 1989, and 1990; (6) whether petitioner is entitled to depreciation deductions under section 167 of $3,097 and $1,658 in 1989 and 1990, respectively, in relation to the beauty shop; (7) whether petitioner is liable for additions to tax and penalties under sections 6653(b)(1) and 6663 for filing fraudulent income tax returns for 1988, 1989, and 1990; (8) whether petitioner is liable for an addition to tax under section 6651(a)(1) for failing to timely file his income tax return for 1989; (9) whether petitioner is liable for an addition to tax under section 6661 for the substantial understatement of tax liability on his Federal income tax return for 1988; (10) whether petitioner filed joint Federal income tax returns in 1988, 1989, and 1990 when he did not sign the returns but granted his spouse permission to sign his name; andPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011