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OPINION
On brief, respondent states: "But for its alleged corporate
origin, this deposit is indistinguishable from the deposits
classified as 'GVE Loans.'" We agree. The Triad deposit does
not constitute an item of gross income to Walter.
5. WFVE Gifts and Loans
FINDINGS OF FACT
The $2,000 amount shown on Exhibit 201-GK in the row labeled
"WFVE Gifts" reflects a deposit into Conn. account 7044 in 1982
of $2,000 received from William, Walter's father.
On September 16, 1986, a checking account in the name of
W. Van Eck was opened in Oregon, at Oregon Bank, account number
18129148 (OB account 9148). W. Van Eck stands for William Van
Eck. OB account 9148 served as Walter's personal account from
the time it was opened until at least the time of trial. The
$100 amount shown on Exhibit 201-GK in the row labeled "WFVE
Gifts" reflects a deposit into OB account 9148 in 1986 of $100
received from William.
The $6,000 amount shown on Exhibit 201-GK in the row labeled
"WFVE Loans" reflects a deposit into Conn. account 7044 in 1983
of $6,000 received from William.
On September 15, 1986, a checking account in the name of
William F. Van Eck was opened in Oregon, at First Interstate
Bank, account number 564 0 05127 6 (FIB account 1276). Walter
made all of the deposits to FIB 1276 during 1986 and 1987.
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