Memorandum Findings of Fact and Opinion
FAY, Judge:
The Commissioner determined a deficiency in petitioners' income tax for the taxable year 1960 in the amount of $5,949.72. The only issue for decision is whether petitioners met the conditions of section 1034, Internal Revenue Code of 1954, so that the gain on the sale of their old residence would not be recognized.
Findings of Fact
Some of the facts have been stipulated, are so found,...
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