DAWSON, Judge:
Respondent determined a deficiency of $599.90 in petitioner's income tax for the year 1963. The single question presented is whether petitioner is entitled to a capital loss carryover deduction of $1,000 in the year 1963 arising out of a sale of property in 1961 for less than its purchase price.
FINDINGS OF FACT
Theodore B. Jefferson (herein referred to as petitioner) and his wife Elsie R. Jefferson, now deceased, filed their...
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