Memorandum Findings of Fact and Opinion
NIMS, Judge:
Respondent determined deficiencies in petitioners' Federal income taxes of $7,496 and $5,853 for the taxable years 1975 and 1976, respectively. Due to concessions, the issue for decision is whether petitioners may deduct as interest and taxes certain payments made to a construction company by a partnership of which Donald J. Cregg was a partner.
Findings of Fact
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