Memorandum Findings of Fact and Opinion
SCOTT, Judge:
Respondent determined a deficiency in petitioners' income tax for the calendar year 1968 in the amount of $1,529.40.
The only issue for decision is whether an indebtedness to petitioner Mark S. Campbell in the amount of $11,453.10 which became worthless in the taxable year 1968 was a business or nonbusiness bad debt.
Findings of Fact
Some of the facts have been stipulated and...
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