These proceedings have been consolidated. Docket No. 48528, Walter A. Henshaw and Frances Allen Henshaw, petitioners, involves a deficiency in income tax of $7,428.88 for the year 1948. The deficiency is due in part to the addition to the net income reported on petitioners' joint return of the following:
(a) Ordinary income from the partnership increased ------------ $29,763.23 (b) Capital gain from partnership reduced --------------------- 14,823.93 ...
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