MEMORANDUM FINDINGS OF FACT AND OPINION
LARO, Judge:
Petitioners petitioned the Court to redetermine respondent's determination of a $13,931 deficiency in their 1992 Federal income tax, a $2,357 addition thereto under section 6651(a)(1), and a $2,786 accuracy-related penalty under section 6662(a). Following the parties' concessions, we must decide:
1. Whether petitioners understated their taxable interest income by $11,801. We hold they did.
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