The respondent determined a deficiency in income tax against the petitioner for the taxable year 1958 in the amount of $387.95. The only question presented for decision is whether or not $3,270 received by petitioner in 1958 is excludable from his gross income, under section 117 of the Internal Revenue Code of 1954.
FINDINGS OF FACT
Petitioner is a resident of Beverly Hills, Calif. He filed his income tax return for 1958 with the district director of internal...
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