- 4 -
II. Disallowed Deductions Claimed by Petitioner
A. 1998
On his 1998 Federal income tax return, petitioner claimed a
$14,000 deduction for moving expenses.
During 1998, Teledyne Water Pik (Teledyne) reimbursed
petitioner for “1998 Relocation and Moving Expenses”. An
attachment to a November 20, 1998, memorandum from an employee of
Teledyne regarding petitioner’s “1998 Relocation and Moving
Expenses” lists the expenses as follows:
Type of Payment Payee Date Amount of Expense
Temp housing Carousel Properties 3/2/98 $960.00
Temp housing Carousel Properties 3/2/98 731.91
Storage Golden Transfer Co 6/4/98 1,997.00
Storage Golden Transfer Co 7/1/98 483.19
Storage Golden Transfer Co 7/31/98 483.19
Realty close Work 2/20/98 8,569.00
Relocation allow Work 2/20/98 4,154.00
Respondent disallowed petitioner’s moving expenses in full.
B. 1999
On his 1999 Federal income tax return, petitioner claimed a
$2,528 deduction for gifts to charity by cash or check, a $960
deduction for gifts to charity other than by cash or check, and
“job expenses and most other miscellaneous deductions” totaling
$8,157. On his Schedule C, Profit or Loss From Business,
petitioner claimed $9,273 in total expenses and listed $23 for
cost of goods sold.
In the notice of deficiency, respondent disallowed all of
these amounts in full.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 Next
Last modified: May 25, 2011