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Petitioner asserts that in 2003 petitioner and Sege took a
business trip to Russia and incurred $2,940 in airfare and
lodging expense.
Petitioner did not substantiate the travel expense with
credible evidence. Vague documentation of travel expense
produced at trial did not relate to a business trip to Russia
and/or lacked completeness.
We disallow as unsubstantiated petitioner’s $2,940 claimed
business travel deduction.
To substantiate a $3,850 payment to a contractor, petitioner
produced a canceled check. The check, however, lists a payee
different from the alleged contractor and was written for an
amount different from the claimed deduction. The discrepancies
between the check and the $3,850 claimed deduction have not been
explained.
We disallow as unsubstantiated petitioner’s $3,850 claimed
business expense deduction.
Petitioner argues that in 2003 she purchased and placed in
service $7,740 of business assets on which she is entitled to
$3,699 in depreciation. To substantiate her 2003 purchase of
$7,740 in business assets, petitioner offers a printout of a June
11, 2006, online transaction report which lists Sege, not
petitioner, as the purchaser. Petitioner has not produced
credible evidence that she purchased the assets in question.
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Last modified: November 10, 2007