Memorandum Findings of Fact and Opinion
MULRONEY, Judge:
The respondent determined deficiencies in the 1954 income tax of petitioners in the amount of $701.13.
Findings of Fact
Petitioners Norbert M. and Ursula L. Fitzgibbons reside in Middleton, Connecticut: In their joint income tax return for 1954, which they filed with the district director of internal revenue at Hartford, Connecticut, petitioners claimed a deduction for a loss in the...
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