Memorandum Findings of Fact and Opinion
The Commissioner determined deficiencies in the petitioner's income taxes for the years 1938 and 1939 in the amounts of $697.92 and $6,072.47, respectively. The error alleged as to 1938 has been abandoned, leaving as the sole remaining issue the question whether the petitioner is entitled to a bad debt deduction for the taxable year 1939 in the amount of $33,386.95.
Findings of Fact
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