MULRONEY, Judge:
Respondent determined a deficiency in the petitioners' income tax for the year 1951 in the amount of $13,791.30. The issue is whether the petitioners understated the long-term capital gain realized from the sale of 400 shares of stock in the amount of $25,125 by overstating the basis of such stock.
FINDINGS OF FACT.
Some of the facts have been stipulated and they are hereby included by this reference.
Cogswell Bentley...
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