- 2 -
entered is not reviewable by any other court, and this opinion
should not be cited as authority.
Respondent determined a deficiency of $10,699 in
petitioners’ 1998 Federal income tax and a $417 section
6651(a)(1) addition to tax. Concessions by petitioners narrow
the scope of our consideration to the following issues: (1)
Whether petitioners are entitled to a deduction for meals and
entertainment expenses claimed on a Schedule C, Profit or Loss
From Business, included with their 1998 joint Federal income tax
return; (2) whether petitioners are entitled to a deduction for
travel expenses incurred in connection with a trip to Jamaica,
and (3) whether petitioners’ failure to file a timely 1998 return
was due to reasonable cause.
Background
Some of the facts have been stipulated and are so found.
Petitioners are husband and wife. They were married in December
1998. At the time the petition was filed in this case, they
resided in Chicago, Illinois. References to petitioner are to
Michael Thibodeaux.1
1 Stephanie R. Thibodeaux neither appeared at trial nor
signed the stipulation of facts. The case will be dismissed as
to her for lack of prosecution. Rule 123(b). The decision
entered with respect to her will reflect the disposition of the
issues agreed to between petitioner and respondent or otherwise
here in dispute, and it will be consistent with the decision
entered with respect to petitioner.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 Next
Last modified: May 25, 2011