- 6 -
petitioner reported his profession as “INDEPENDENT PROFESSIONAL
MUSICIAN/SOLOIST CELLIST-Classic Music.” His reporting Code was
listed as 711510 (Independent artists, writers, & performers).
For 2000, petitioner reported $174,367 of income on his Schedule
C.
Petitioner claimed deductions on the Schedule C for the
following expenses, which total $83,588:
Auto $ 5,907
Depreciation 12,161
Insurance 2,632
Interest 350
Legal/professional 1,000
Office 1,874
Rent 6,869
Repairs 3,741
Supplies 2,707
Travel 10,135
Meals 1,969
Utilities 5,014
Other 20,687
Home office 8,542
Respondent issued a notice of deficiency on August 11, 2003.
Respondent disallowed the Schedule C expenses and made
computational and other adjustments.
After the notice of deficiency was issued, petitioner filed
a Form 1040X, Amended U.S. Individual Income Tax Return, for 2000
on September 14, 2004. On that form, petitioner stated that he
was “Changing from originally filed Schedule C with Form 1040, to
using Form 2106 (Employee Business Expense)”. In his amended
return, petitioner substantially reduced his claimed business
expenses.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Next
Last modified: May 25, 2011