HILLS v. COMMISSIONER

Docket No. 5889-79.

76 T.C. 484 (1981)

HENRY L. AND FRANCES O. HILLS, PETITIONERS v. COMMISSIONER OF INTERNAL REVENUE, RESPONDENT.

United States Tax Court.

Filed March 30, 1981.


Attorney(s) appearing for the Case

Henry L. Hills and Frances O. Hills, pro se.

Bettie N. Ricca, for the respondent.


OPINION

NIMS, Judge:

Respondent determined a deficiency of $190 in petitioners' income tax for the taxable year 1976. Concessions having been made, the issue for decision is whether petitioners are entitled to a deduction for a theft loss under section 165(c)(3).1

All of the facts have been stipulated. The stipulation and attached exhibits are incorporated herein by reference...

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