- 12 -
petitioners rely on, inter alia, certain workpapers that they
prepared and that purport to show how they calculated the gam-
bling losses that they contend they incurred at Harrah’s during
1999.
We have serious reservations about the reliability of the
self-serving and uncorroborated workpapers on which petitioners
rely.9 We also have serious reservations about the reliability
9For example, one of the workpapers that petitioners pre-
pared purports to show their estimate of the gambling losses that
they incurred at Harrah’s on Aug. 13 and 14, 1999. The total
gambling winnings shown on that workpaper for those dates are
different from the total gambling winnings shown (1) on the
respective Harrah’s substitute Forms W-2G with respect to those
dates and (2) on another workpaper that petitioners prepared and
that purports to show the total of petitioners’ gambling winnings
at Harrah’s on Aug. 13 and 14, 1999, as reflected on such respec-
tive forms with respect to Aug. 13 and 14, 1999, as well as other
gambling winnings that petitioners claim they had at Harrah’s on
such dates and that are not reflected on such respective forms.
Moreover, one of the workpapers that petitioners prepared
purports to show their estimate of the gambling losses that they
incurred at Harrah’s on Sept. 4, 1999. The total gambling
winnings shown on that workpaper for that date are different from
the total gambling winnings shown on (1) Harrah’s substitute Form
W-2G with respect to Sept. 4, 1999, and (2) on another workpaper
that petitioners prepared and that purports to show the total of
petitioners’ gambling winnings at Harrah’s on Sept. 4, 1999, as
reflected on Harrah’s substitute Form W-2G with respect to that
date, as well as other gambling winnings that petitioners claim
they had at Harrah’s on such date and that are not reflected on
such form.
Another example of the unreliability of petitioners’
workpapers is that one of those workpapers indicates that peti-
tioners estimated that Mr. Hartsock wagered in a $25 slot ma-
chine, and lost before any reduction for time spent not wagering,
$22,800 during what they computed to be a 19-minute period
between 10:22 p.m. and 10:51 p.m. on Aug. 14, 1999. However, the
(continued...)
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