CHIDNESE v. COMMISSIONER

Docket No. 27818-81.

49 T.C.M. 151 (1984)

T.C. Memo. 1984-612

Patrick N. Chidnese and R.A. Chidnese v. Commissioner.

United States Tax Court.

Filed November 21, 1984.


Attorney(s) appearing for the Case

David E. Wasserstrom, for the petitioners. Alan E. Cobb, for the respondent.


Memorandum Opinion

DAWSON, Chief Judge:

Respondent determined the following deficiencies in petitioners' Federal income tax:

  Year              Deficiency

  1977.............. $76,590
  1978..............   5,051

After concessions by petitioners, the issue remaining for decision is what amount, if any, is petitioner, as a limited partner, entitled to deduct as his distributive share of the loss claimed by Vanderpoole Associates...

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