GERBER, Judge:
Respondent, in a statutory notice dated May 24, 1977, determined deficiencies and additions to petitioners' income tax as follows:
Year Deficiency Sec. 6653(b) addition1 1968 $26,141.28 $13,070.64 1969 1,504,622.39 752,311.20 1970 379,230.45 189,615.23
The issues for our consideration are: (1) Whether...
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