Memorandum Opinion
VAN FOSSAN, Judge:
The respondent determined income tax deficiencies for the years 1954 and 1955 in the respective amounts of $1,092.80 and $950.70.
In their petition, petitioners assign as error the inclusion of the amount of $9,398.05 due and owing from a corporation as a short-term capital loss in the year 1954 rather than including the sum as a business bad debt to be deducted in the year 1955.
On brief, petitioners...
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