Memorandum Findings of Fact and Opinion
WELLS, Judge.
Respondent determined a deficiency in petitioners' Federal income tax in the amount of $23,202 for taxable year 1983.
After concessions, the sole issue for decision is whether petitioners are entitled to business bad debt deductions in the total amount of $89,846 for the taxable year in issue on account of certain payments made by petitioner Harvey D. Bernstein ("petitioner") to or on behalf of...
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