The petitioners in these consolidated cases contest income tax deficiencies determined by the Commissioner for 1938 in the amounts of $1,012.21 against Clair R. Savage and $1,003.08 against Margaret D. Savage. The issue involved is whether the income of certain trusts created by petitioners in favor of their minor children is taxable to petitioners.
FINDINGS OF FACT.
Petitioners are husband and wife. At all times material hereto they have resided in Pacific...
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