Memorandum Findings of Fact and Opinion
The respondent determined a deficiency in the income tax of petitioner for the year 1944 in the amount of $5,040.07.
The sole question involved is whether the petitioner is entitled to a bad debt deduction of $13,101.90, with respect to an alleged indebtedness between petitioner and an affiliated corporation, which is claimed to have become worthless in 1944.
Findings of Fact
Petitioner is a personal...
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