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(4) Whether petitioners are entitled to claimed Schedule C
deductions for employee benefit program expenses of $1,241 and
$2,040 for taxable years 2002 and 2003, respectively. We hold
that they are not.
(5) Whether petitioners are entitled to deduct Schedule C
repairs and maintenance expenses in excess of $6,726 and $9,126
for taxable years 2002 and 2003, respectively. We hold that they
are not.
(6) Whether petitioners are entitled to deduct Schedule C
“other” expenses in excess of $15,337 and $15,108 for taxable
years 2002 and 2003, respectively. We hold that they are not.
(7) Whether petitioners are entitled to claimed Schedule C
deductions for commissions and fees expenses in the amount of
$3,001 for taxable year 2002. We hold that they are not.
(8) Whether petitioners are liable for accuracy-related
penalties under section 6662(a) of $882.40 and $1,712.40 for
taxable years 2002 and 2003, respectively. We hold that they
are.
Background
Some of the facts have been stipulated and are so found.
The stipulation of facts and the attached exhibits are
incorporated herein by reference. At the time the respective
petitions were filed, petitioners resided in Somerset, New
Jersey.
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