OPINION
RAUM, Judge:
The Commissioner determined a $24,612.75 deficiency in petitioners' 1979 Federal income tax. The sole issue is whether petitioners are liable for the alternative minimum tax imposed by section 55, I.R.C. 1954. The facts have been stipulated.
Petitioners Howard Y. Huntsberry and Margaret N. Huntsberry, husband and wife, resided in Coral Gables, FL, when they filed the petition herein. They filed their joint Federal income...
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