Memorandum Findings of Fact and Opinion
DAWSON, Judge:
Respondent determined a deficiency of $5,614.25 in petitioners' Federal income tax for the taxable year 1967.
Petitioners have conceded two adjustments to income made by the respondent for cotton sales ($139.50) and interest expense ($385.30). They have offered no evidence with respect to an increase of $504.38 in rental income for 1967. The only issue presented for our decision is whether the...
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