- 9 - respondent’s disallowance of petitioner’s 2002 Schedule C deductions was proper.7 Petitioner’s return for 2003 contains a Schedule C on which she reported zero gross receipts and a net loss of $32,018 for “Temps To Go”. The Schedule C for Temps To Go is the only Schedule C attached to the 2003 return. Petitioner testified that the expenses claimed on her Schedule C for 2003 were actually expenses incurred in another business called “Gotta Get Up Productions”.8 Petitioner claimed that she held a 100-percent interest in Gotta Get Up Productions in 2003. In the notice of deficiency, respondent disallowed the following claimed deductions for expenses listed on petitioner’s 2003 Schedule C: 7 We note that many of the claimed expenses were clearly personal as opposed to business expenses. These included: Travel expenses paid for with petitioner’s Versata, Inc., credit card for a stay at the Oakland Marriott while her house was being restored after experiencing water damage caused by a leaky roof; expenses associated with a tennis club membership; expenses for the rental of other business property for a studio that her brother Jon Tomlinson leased in September 2002; travel expenses for four rooms at the Dayton Marriott for petitioner’s family to attend an event featuring petitioner’s brother Jon’s art; and expenses for the entire cost of petitioner’s health, life, disability, homeowner’s, and automobile insurance. Many other claimed expenses were unsubstantiated. 8 Petitioner also testified that she was unsure whether any of the expenses claimed on the 2003 Schedule C relate to Temps to Go.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 NextLast modified: March 27, 2008