Otu and Carol Obot - Page 10

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          v. Commissioner, 6 T.C. 1158, 1165 (1946), affd. 162 F.2d 513               
          (10th Cir. 1947).  Because Mr. Obot failed to offer any credible            
          evidence to substantiate these expenses, we cannot allow any of             
          them.  Mr. Obot also claimed $1,200 in depreciation on equipment            
          for his grocery store.  At least that’s what he argued in his               
          brief, contending that he should have put the $1,200 depreciation           
          on Schedule C.  He again provided us with no evidence of which              
          items he was depreciating or the price that he paid for them.               
          See sec. 1.6001-1(a), Income Tax Regs.  We deny his depreciation            
          deduction because he didn’t substantiate it, not because he put             
          it on the wrong form.                                                       
               Nevertheless, because the Commissioner conceded some                   
          additional deductions,                                                      


                                             Decision will be entered under           
                                        Rule 155.                                     



















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