Memorandum Findings of Fact and Opinion
DRENNEN, Judge:
Respondent determined a deficiency of $2,884.57 in petitioners' Federal income tax for 1975. Due to concessions, the sole issue for decision is whether petitioners have substantiated gambling losses equal to or in excess of their winnings from gambling during the taxable year.
Findings of Fact
Some of the facts have been stipulated and are so found. The stipulation of facts, together...
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