Memorandum Findings of Fact and Opinion
FAY, Judge:
Respondent has determined a deficiency in petitioners' Federal income tax for the taxable year 1968 in the amount of $24,897.00.
We have been asked to determine the fair market value of stock in the W.B. Saunders Company in May 1967. The parties have agreed that the petitioners will be in receipt of additional income in 1968, the year certain restrictions on the stock lapsed, to the extent the value...
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