Respondent determined a deficiency in income tax of the petitioner in the amount of $7,649.52 for the calendar year 1945, resulting from the disallowance of certain interest deductions and non-business bad debt losses claimed by the petitioner on her return.
The issues presented are as follows:
1. Is the petitioner entitled in 1945 to a capital loss carry-over from the year 1944 with respect to worthless debts which arose in that year as the result of payments...
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