Memorandum Opinion
RAUM, Judge:
The Commissioner determined a deficiency of $4,532.53 in petitioners' income tax for the calendar year 1965. At issue is whether expenditures in the aggregate amount of $22,000 made by petitioner A. LeRoy Nelson following the sale of all of his stock in a wholly owned corporation were ordinary and necessary business expenses or adjustments of the price of the stock which reduced the capital gain he had realized on the sale...
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