Oscar R. Contreras - Page 2

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               The issues remaining for decision2 are:                                
               (1) Is petitioner entitled to deduct certain claimed amounts           
          as unreimbursed employee expenses?  We hold that he is not.                 
               (2) Is petitioner entitled to a claimed Schedule C net loss            
          with respect to a claimed restaurant business?  We hold that he             
          is not.                                                                     
               (3) Is petitioner entitled to a claimed Schedule C net loss            
          with respect to a claimed personal digital assistant consulting             
          business?  We hold that he is not.                                          
                                  FINDINGS OF FACT                                    
               Some of the facts have been stipulated and are so found.               
               At the time petitioner filed the petition in this case, he             
          resided in Dallas, Texas.                                                   
               During 2001, FedEx Worldwide Services, one of the FedEx                
          companies, employed petitioner full time as a worldwide account             
          manager.  Pursuant to certain policies (FedEx policies),3 FedEx             
          Worldwide Services agreed to reimburse employees for reasonable             


               2On brief, petitioner lists as an issue:  “Allowance of                
          ordinary losses from the sale of vehicles used in a trade or                
          business or held as income producing property.”  However, peti-             
          tioner states on brief:  “With regard to the loss on the sale of            
          the vehicles, although petitioner believes that a minimal loss              
          should be allowed, he will not challenge the findings of the                
          respondent on that specific issue.”  We conclude that petitioner            
          has abandoned the issue of whether he is entitled to deduct as              
          losses under sec. 1231(a)(2) certain claimed losses from the sale           
          of certain vehicles.                                                        
               3The FedEx policies applied to FedEx Worldwide Services and            
          at least one other FedEx company (viz., FedEx Express).                     




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