HUXMAN, Senior Circuit Judge.
This is an action brought by plaintiff, Lester O. Cofield, for the recovery of $4,083.56, paid as taxes for the year, 1957. The answer to the question posed depends upon whether a property settlement in a divorce action resulted in a taxable transaction to the taxpayer with respect to the accumulated interest on a series of United States Government Bonds, Series "E", which were set aside to the wife in the property settlement.
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