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financial contribution to petitioners’ household is taken into
account. See Klimenko v. Commissioner, supra.
We conclude that it is inequitable to hold petitioner liable
for that part of the deficiency attributable to the distributions
received by Ms. Braden in 1995 and that, therefore, the
requirement of section 6015(b)(1)(D) is satisfied.
Conclusion
After carefully reviewing the record in this case, we hold
that petitioner has satisfied each of the requirements of section
6015(b)(1) and that he is entitled to be relieved of liability
for tax attributable to the distributions received by Ms. Braden
in 1995.
To reflect the foregoing and the stipulation of settled
issues,
Decision will be entered
under Rule 155.
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