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The issues for decision are whether petitioner is entitled
to ordinary deductions for (1) a $3,050 casualty loss, (2) a
$2,060 business bad debt, (3) a $2,940 business travel expense,
(4) a $3,850 business contract labor expense, and (5) $2,186 more
in depreciation than respondent allowed.1
FINDINGS OF FACT
Some of the facts have been stipulated and are so found.
At the time the petition was filed, petitioner resided in
New York, New York.
Petitioner works full time as a respiratory therapist.
In 2002, petitioner’s car was stolen and recovered. As a
result of the theft, petitioner’s car was damaged. The
individual who stole petitioner’s car was not apprehended, and
petitioner’s car insurance policy did not cover the theft damage
to petitioner’s car.
In 2003, petitioner was involved in a minor 2-car accident,
and again petitioner’s car was damaged. Petitioner did not
request from the driver of the other car payment for the damage
to petitioner’s car, and petitioner did not repair the damage to
her car. Petitioner did not obtain an estimate of the fair
market value of her car before and after the accident.
1 The $2,186 in disputed depreciation also includes a sec.
179 expense deduction.
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Last modified: November 10, 2007