FORRESTER, Judge:
Respondent determined a deficiency in the income tax of the petitioners in the amount of $244,247.51 for the taxable year ending December 31, 1958.
Some of the issues have been settled by stipulation, leaving for our consideration the following questions:
Whether the subchapter S corporation of which the petitioner Doris Eaton Travis was the sole shareholder was required to include in income amounts which became due and payable...
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