Memorandum Findings of Fact and Opinion
FAY, Judge:
Respondent determined a deficiency of $2,850.33 in petitioner's Federal income tax for 1977. After concessions, at issue is whether petitioner is entitled to a theft loss deduction for a necklace removed from his home and, if so, the amount of that deduction.
Findings of Fact
Some facts have been stipulated and are found accordingly.
Petitioner, James A. Wilson, was a resident...
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