Memorandum Findings of Fact and Opinion
TIETJENS, Judge:
The Commissioner determined deficiencies in the Federal income tax of Charles O. and Nancy L. Anderson in the amounts of $1,000.71, $11,958.07, and $7,445.20 for the calendar years 1962, 1966 and 1967, respectively.
The issues in this case are:
(1) Whether the Commissioner's determination for the taxable year 1962 should be sustained.
(2) Whether the cost of purchasing equipment...
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