- 3 -
Petitioners’ Charitable Gifts
On their Federal income tax return for 2001, petitioners
deducted on Schedule A, Itemized Deductions, gifts to charity of
$15,663. Included in the total was $300 as “gifts by cash or
check” and $11,347 as gifts “other than by cash or check”.
Petitioners also included with their return four Forms 8283,
Noncash Charitable Contributions. Two of the Forms 8283 list
donations to the Salvation Army valued at $500 each on five
dates, consisting of “Misc. Antiques: Furniture, Toys, Games,
Signs, Pottery, China, Glassware, Etc.” A third form lists “Sun
Cities Animal Rescue” as the donee also of “Misc. Antiques:
Furniture, Toys, Games, Signs, Pottery, China, Glassware, Etc.”,
and Goodwill as the donee of “Like New TV & 5 Bags of Fashon
[sic] Clothes, Like New Coutch [sic] & 2 Chairs & 5 Boxes
Household Goods”. As with the other two forms, the latter lists
donations on five dates, three valued at $500, one at $300, and
one at $200. The fourth Form 8283 relates to philatelic and
numismatic gifts on which the parties have come to agreement.
Petitioners’ Casualty or Theft Loss
Petitioners also deducted on Schedule A casualty and theft
losses of $5,679. Form 4684, Casualties and Thefts, which was
included with petitioners’ tax return, described the affected
property as a 1991 Chevrolet Silverado Extra Cab pickup truck
(truck). Petitioners reported on the form that the truck had a
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Next
Last modified: May 25, 2011