HEANEY, Circuit Judge.
Alexis and Rosemary Hawkins appeal from the United States Tax Court's judgment sustaining the federal income tax deficiency asserted against them by the Commissioner of Internal Revenue (Commissioner). The Tax Court held that the Commissioner properly reduced the partnership loss deducted by the taxpayers and properly disallowed an investment tax credit that they claimed. We affirm.
I.
BACKGROUND
On February 9, 1978...
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