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for their taxable year 2002, or a total of $19,066.46 for that
year. In support of that contention, petitioners rely on peti-
tioners’ 2002 amended return, in which petitioners claimed such
additional long-term capital losses.
A tax return is nothing more than a statement of a tax-
payer’s position and does not establish the existence or the
amount of any item shown therein. See Wilkinson v. Commissioner,
71 T.C. 633, 639 (1979).
On the record before us, we find that petitioners have
failed to carry their burden of establishing that they have for
their taxable year 2002 long-term capital losses of $15,949.06 in
addition to the long-term capital loss of $3,117.40 claimed in
petitioners’ 2002 return.
Interest From the U.S. Treasury
Respondent determined that petitioners have for the year at
issue $622 of interest income from the U.S. Treasury. In his
direct testimony, petitioner Tae M. Kim (Mr. Kim) testified that
petitioners were unaware of any such interest. On cross-examina-
tion, Mr. Kim conceded that petitioners received the respective
refund checks that the U.S. Treasury issued to petitioners with
respect to their taxable years 1997 and 1998. The refund check
issued with respect to petitioners’ taxable year 1997 included
interest of $382.99, and the refund check with respect to their
taxable year 1998 included interest of $239.39.
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