Memorandum Findings of Fact and Opinion
NIMS, Chief Judge:
Respondent determined deficiencies in petitioners' 1975, 1977 and 1979 Federal income taxes in the amounts of $13,656.97, $5,727.00 and $4,133.97, respectively. The determined deficiencies are entirely attributable to disallowed losses and investment tax credits claimed by petitioners with respect to their participation in a partnership allegedly marketing the motion picture entitled "Black Harvest...
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