United States Tax Court.
Memorandum Findings of Fact and Opinion
SCOTT, Judge:
Respondent determined a deficiency in petitioners' income tax return for the calendar year 1964 in the amount of $9,986.57.
The only issue for decision is whether certain transactions in soybean futures by petitioner were hedges or an integral part of petitioner's trade or business resulting in ordinary losses or whether such transactions were...
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