MULRONEY, Judge:
Respondent determined a deficiency in the 1964 income tax of petitioner in the amount of $1,874.43.
The issues are (1) whether petitioner was correct in reporting the $15,000 which he received as severance pay upon his discharge from the U.S. Air Force, as capital gains or does said payment constitute ordinary income as respondent determined, and (2) was petitioner entitled to deduct $400 as depreciation on office equipment for the...
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