DRENNEN, Judge:
Respondent determined a deficiency in petitioners' income tax for the calendar year 1974 in the amount of $15,048.
The sole issue to be decided is whether a limited partnership, of which W. Burgess Boyd was a limited partner, incurred a loss in 1974, so that W. Burgess Boyd would be entitled to deduct his aliquot share. Whether the partnership incurred a loss in 1974 is dependent upon whether it is entitled to a deduction under sections...
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