- 9 - As to the 2003 deduction, the $16,299 claimed for Job Expenses and Most Other Miscellaneous Deductions was derived as follows on Schedule A of the return: Unreimbursed employee expenses $13,397 Tax preparation fees 100 Other expenses 2,435 Total $15,932 Less sec. 67(a) 2-percent limitation (367) Deductible amount1 $15,565 1Petitioner appears to have made a mathematical error because he claimed $16,299 as a deduction on his return, and, since the $734 discrepancy was not addressed at trial, it appears to the Court that the correct mathematical computation is $15,565 and not the $16,299 claimed on Schedule A of petitioner’s return. The $13,397 in unreimbursed employee expenses consisted of: Vehicle expenses $13,140 Parking fees, tolls, etc. 140 Meals and entertainment 117 Total $13,397 The other expenses of $2,435 consisted of: Job search $ 300 Faxes, telephone calls, etc. 250 Printing resumes 50 Traveling for interviews 400 Safety glasses, tools, work gloves, etc. 1,435 Total $2,435 The charitable gifts claimed on Schedules A of petitioner’s 2002 and 2003 tax returns consisted of cash gifts to a church and noncash contributions of property to the Salvation Army. With respect to the cash gifts, petitioner’s Schedules A for bothPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011