Memorandum Findings of Fact and Opinion
WITHEY, Judge:
Respondent determined a deficiency in petitioner's Federal income tax for the taxable year ended September 30, 1966, in the amount of $3,681.40.
The issue presented for decision is (1) whether petitioner realized ordinary income rather than long-term capital gain as reported from the sale of acreage under the threat of condemnation by the State of Mississippi Highway Department; and (2) alternatively...
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