Memorandum Opinion
DAWSON, Judge:
Respondent determined a deficiency of $732.88 in petitioners' Federal income tax for the year 1975. The only issue presented for decision is whether checks received by petitioner Norman M. Brehob from the Chrysler Corporation for services rendered are taxable as income at their face value or at a reduced value based on the market price of gold in 1975.
All of the facts are stipulated...
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