- 2 -
Respondent determined a deficiency in petitioners’ Federal
income tax of $5,801 for the taxable year 2002.
After concessions,1 the issues for decision are: (1)
Whether petitioners are entitled to miscellaneous itemized
deductions of $28,1882 as claimed on their 2002 Federal income
tax return; (2) whether petitioners are entitled to a charitable
contribution deduction of $5,640 for taxable year 2002; and (3)
whether petitioners are entitled to a deduction for medical and
dental expenses of $2193 for taxable year 2002.
Background
Some of the facts have been stipulated and are so found.
The stipulation of facts and the attached exhibits are
incorporated herein by this reference. Petitioners resided in
Moorefield, West Virginia, on the date the petition was filed in
this case.
1Petitioners claimed deductions for two dependency
exemptions and Schedule E expenses of $3,267 on their 2002
Federal income tax return. Respondent, in the notice of
deficiency, disallowed the deductions for the two dependency
exemptions and the Schedule E expenses. However, at trial,
respondent conceded that petitioners are entitled to deduct the
two dependency exemptions and the Schedule E expenses.
2This amount has been calculated by petitioners taking into
account the 2-percent floor imposed by sec. 67(a). The amount
claimed before the limitation was $29,288.
3This amount has been calculated by petitioners taking into
consideration the 7.5-percent floor imposed by sec. 213(a). The
amount reported before the limitation was $4,344.
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 Next
Last modified: May 25, 2011