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traveled, often in a plane owned and piloted by Mr. Barrera, to
places including the Carribean and New York.
Mr. Barrera was the primary earner in the marriage. He was
responsible for the family’s finances, and he paid the family
bills. Petitioner did not discuss the payment of bills with Mr.
Barrera, nor did she question Mr. Barrera about money.
Petitioner felt that, in her family, Mr. Barrera’s job was to pay
the bills, and her job was to raise the children.
Petitioner and Mr. Barrera maintained separate bank accounts
and credit cards throughout their marriage. During the first
years of their marriage, when petitioner needed spending money
for herself or for the household, she would ask Mr. Barrera for
money. He would then write her a check, which she deposited into
her bank account. Mr. Barrera never refused petitioner’s
requests for money, and there was always money available whenever
petitioner requested it.
In June 1996, petitioner and Mr. Barrera timely filed (under
extension) their joint return for taxable year 1995. The 1995
joint return reported adjusted gross income of $199,170, and tax
due of $42,149, which amount was paid by petitioner and Mr.
Barrera.
In 1997, Financial Research Services and Mr. Barrera became
the subject of a Federal criminal investigation. As a result of
this investigation, Mr. Barrera lost his mortgage broker license
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Last modified: November 10, 2007