Respondent determined a deficiency of $7,660.92 in income tax against petitioner for the year 1943.
Two issues are for decision: (1) Whether the share of the profits of a partnership distributed to petitioner's brother are properly taxable to petitioner; and (2) Is petitioner entitled to a deduction of $3,155 in the taxable year 1943?
FINDINGS OF FACT.
Certain of the facts are stipulated and are so found.
Petitioner is a resident of Paterson...
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