Memorandum Findings of Fact and Opinion
OPPER, Judge:
Respondent determined a deficiency in petitioner's income tax for 1950 of $5,297.39. Petitioner apparently concedes that the amount in dispute is $5,262.35. The only issue is whether petitioner's bad debt loss resulting from unpaid loans to a corporation constituted a business or nonbusiness bad debt.
Findings of Fact
Certain facts were stipulated and are hereby found.
Petitioner...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.