OPINION
TIETJENS, Judge:
Respondent determined the following deficiencies in petitioners' Federal income taxes:
Petitioner Year Deficiency Bill Doug Holt -------------------- 1972 $59,403.82 Gail E. Holt ---------------------- 1972 77,577.65
Certain concessions having been made, the only issue remaining is whether petitioners are entitled to a deduction...
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