The respondent determined deficiencies in income tax for the taxable year 1949 in an amount of $2,910.22, or that amount plus or minus 1 cent, for each of the 10 petitioners. The proceeding concerns the determination of allowable loss for freeze damage to citrus orchards.
OPINION.
FISHER, Judge:
All of the facts are stipulated and are incorporated herein by reference.
Petitioners Frederick M. Knapp, Gilson Knapp, F. E. Knapp, George...
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