Memorandum Findings of Fact and Opinion
WELLS, Judge:
Respondent determined a deficiency in petitioners' Federal income tax in the amount of $149,941 for the taxable year 1981.
After settlement of other issues by the parties, the issues remaining for the Court to decide are: (1) whether certain debts with respect to which petitioners claimed a bad debt deduction are bona fide; (2) whether such debts became worthless in taxable year 1981, and (3)...
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