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1981 to 1983, Mrs. Quinn cashed in and rolled over some of those
savings bonds into H or HH bonds. For at least the years 1984
through 1987, 1990, and 1991, interest of $600 per year was
earned on Series H or HH savings bonds held in the names of Mrs.
Quinn and Linda and another $b00 per year on Series H or HH
savings bonds held in the names of Mrs. Quinn and Patricia.
The Quinns owned Certificates of Deposit (CD's). Mrs: Quinn
purchased CD's, some in her name only and some jointly with her
children. Mrs. Quinn and Patricia had a money market savings
account they opened in 1983. On August 30, 1984, Mrs. Quinn and
Patricia received $13,365 from the sale of the three undeveloped
lots. On January 25, 1985, Mrs. Quinn deposited $1,997.91, the
proceeds from cashing in a life insurance policy, into the
checking account she had with Patricia.
The Quinns took IRA deductions on their Federal income tax
returns as follows: 1979 ($1,500), 1980 ($1,500), 1981 ($1,500).
No evidence was presented as to where these contributions went,
or to whose credit. During later years, Mrs. Quinn made at least
the following contributions to her IRA's: 1984 ($2,000), 1985
($2,000), 1988 ($1,500). As of September 30, 1985, Mrs. Quinn
had an investment in the T. Rowe Price New Income Fund ,through
her employer's retirement plan worth $1,748.44. On March 15,
1989, a check was written to Mrs. Quinn from her employer's
pension plan in the amount of $20,954.95. On May 12, 1989, Mrs.
Quinn rolled over this distribution into an IRA at Prudential
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