Memorandum Findings of Fact and Opinion
FAY, Judge:
Respondent determined a deficiency of $707.08 in petitioners' income tax for the taxable year 1965.
The issue is whether petitioners are entitled to a business loss deduction of $4,200.
Findings of Fact
D. E. Richardson and J. Ruth Richardson are husband and wife. They filed a Federal joint income tax return for the taxable year 1965 with the district director of internal revenue...
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