Memorandum Findings of Fact and Opinion
COLVIN, Judge:
After concessions, the issues for decision are:
(1) Whether payments to Iona Ray of $4,958, $7,200, $7,200, and $7,200 in 1975, 1976, 1977, and 1979, respectively, were alimony or payments for a property settlement pursuant to the terms of the divorce decree between Iona Ray and Harry Ray. We hold that the payments were part of a property settlement and are not deductible by petitioners as alimony...
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