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 $234.74. The only issue for decision is the amount of deductible loss sustained by petitioners from a fire which completely destroyed their home and all its contents on December 24, 1968.
Findings of Fact
Petitioners are husband and wife who resided in Kalkaska, Michigan, at the...
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