Memorandum Findings of Fact and Opinion
BRUCE, Judge:
Respondent determined deficiencies in petitioners' income taxes as follows:
Dkt. No. Taxable Period Deficiency 62277 Calendar Year 1952 ........ $ 1,959.90 1-1-53/5-18-53 ........ 1,134.86 62278 Calendar Year 1952 ........ 6,540.16 Calendar Year 1953 ........ 17,691.78
The principal question presented...
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