SOLOMON, District Judge:
Plaintiff, Virgil O. Stringfellow, seeks to recover federal income taxes for the calendar years 1958 and 1959 in the amount of $31,398.61, plus interest and costs, based upon an alleged carryback loss of $56,000 in 1961. The Government admits that if the $56,000 is an allowable loss then it is properly a loss carryback to 1958 and 1959.
Plaintiff's claimed loss arises from his participation in two joint ventures formed to construct...
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