Respondent determined deficiencies in income tax of the petitioners for the years 1936 and 1937, respectively, as follows: John Frederick Lewis, Jr., $299.69 and $304.72; Ada Haeseler Lewis, $83.70 and $93.96. The questions in issue are whether income from an inter vivos trust distributable to each petitioner should be reduced by a proportionate amount of the operating losses on certain unproductive real estate comprising part of the original corpus of said trust,...
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