- 2 - petitioner must include $2,800 in gambling winnings in her gross income for 2003; (2) whether she can use her gambling losses to offset her gambling winnings; and (3) whether any portion of her Social Security disability benefits is includable in her gross income for 2003.2 FINDINGS OF FACT Some of the facts have been stipulated and are so found. The stipulation of facts and attached exhibits are incorporated herein by this reference. At the time she filed the petition, petitioner resided in Raynham, Massachusetts. During 2003, petitioner attended a driver training program for Greyhound Lines, Inc. (Greyhound). After completion, petitioner was employed as a driver for Greyhound. However, after working only a couple of months, petitioner could no longer drive due to physical ailments. During 2003, petitioner was not engaged in the trade or business of gambling. However, petitioner won two slot machine 1(...continued) a child tax credit not claimed on petitioner’s 2003 tax return. 2 Unless otherwise indicated, all section references are to the Internal Revenue Code, as amended, and all Rule references are to the Tax Court Rules of Practice and Procedure. All amounts are rounded to the nearest dollar. While not in issue, the amounts of the child tax credit, additional child credit, and the earned income credit that petitioner is entitled to is dependent upon the resolution of the issues for decision in this case and should be addressed in the parties’ Rule 155 computations.Page: Previous 1 2 3 4 5 6 7 Next
Last modified: May 25, 2011