Memorandum Findings of Fact and Opinion
LEECH, Judge:
Respondent has determined a deficiency in income tax of the petitioner for the calendar year 1941 in the sum of $2,143.45. The only submitted issue is whether petitioner is entitled to a deduction of $4,452.72, in the computation of his income tax for 1941 as an indebtedness which became worthless during that year. This indebtedness consisted of moneys petitioner advanced to his daughter and son-in-law...
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