The respondent determined a deficiency in the petitioner's income tax for the year 1943 in the amount of $9,954.67. The sole question presented, after agreement upon another issue, is whether the petitioner is entitled to the benefits of section 107 (b), I. R. C., in computing the tax for 1942 to be treated as part of the petitioner's income tax liability for 1943 pursuant to the Current Tax Payment Act of 1943.
FINDINGS OF FACT.
James Gould Cozzens, the...
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