Memorandum Findings of Fact and Opinion
The respondent determined deficiencies in income tax and additions to the tax, as follows:
Year Deficiency 50% Penalty 1936.............. $ 5,929.67 $ 2,964.84 1937.............. 1,631.17 822.61 1938.............. 47.82 23.91 1940.............. 2,591.95 1,295.98 1941.............. 427.96 213.98 1942................
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