Memorandum Opinion
ARNOLD, Judge:
Respondent determined a deficiency in petitioner's income tax for 1943 of $1,411.36. The principal issue is whether a boat maintained by petitioner and sold at a loss was used in petitioner's trade or business. The parties stipulated that the amount claimed on petitioner's return for 1942 as medical expenses, $2,331.76, was so expended by petitioner in that year.
[The Facts]
Petitioner is an individual...
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