DAWSON, Judge:
Respondent determined income tax deficiencies against petitioners for the years 1959 and 1962 in the amounts of $2,041.82 and $787.52, respectively.
Certain itemized deductions have been allowed to the petitioners by the stipulation of the parties. The only question presented is whether amounts claimed as a loss by petitioners in the year 1962 and in part carried back to the year 1959, resulting from the worthlessness of their stock in...
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