Memorandum Findings of Fact and Opinion
The respondent determined a deficiency in the income tax of petitioner for the calendar year 1947 in the amount of $1,540.61. The sole question presented is whether the petitioner is entitled to deduct the amount of $6,152.35 claimed as a bad debt on his Federal income tax return for the taxable year 1947.
Findings of Fact
Petitioner, a retired physician, is a resident of Indianapolis, Indiana. He filed his...
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