- 5 - money. We don’t keep receipts of every little things [sic] we buy, for buying food or buying clothes, or anything, or even, you know, we just give money, we forget about it.” Petitioner began providing financial support for Peter Wuol’s children when he obtained a job at the Broadmoor Hotel in Colorado Springs, Colorado, which paid him approximately $16,000 per year. Petitioner testified that he gave Peter Wuol approximately $1,3387 to help Peter Wuol raise his children. This amount represented a partial refund from petitioner’s 2003 Federal tax return. At trial, petitioner acknowledged that the refund check was received in January 2004 and that he gave the check directly to the Wuol family. Petitioner contends that during 2003 he thought he gave more than $2,000 in “food and other things” and that he provided approximately $1,000 in cash to Peter Wuol’s family for buying food, paying for the phone bill, or for “anything”. Peter Wuol confirmed that petitioner bought gifts for the children in the form of shoes and clothes, as well as taking them to restaurants for meals. Other than his and Peter Wuol’s testimony and the receipts, discussed below, petitioner did not present any 7 Petitioner’s 2003 Federal tax return showed a refund due of $5,105. The earned income credit in the amount of $3,584 was withheld pending an inquiry on petitioner’s return. Petitioner was refunded $1,521, representing the sum of $901 for withholding credits and $620 for the additional child tax credit. Of that amount, H&R Block, petitioner’s tax preparer, was paid a fee in the approximate amount of $200.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