Memorandum Findings of Fact and Opinion
STERRETT, Judge:
By letter dated November 16, 1977, respondent determined a deficiency in income taxes paid by petitioners for their taxable year ended December 31, 1973 in the amount of $1,997.45. The only issue for our decision is whether petitioners are entitled to the protection of section 1034, I.R.C. 1954, on the sale of their home in 1973. If we should find that section 1034 does not apply, then we must determine...
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