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disclosure need not recite every underlying fact. Quick’s Trust
v. Commissioner, 54 T.C. 1336, 1347 (1970), affd. 444 F.2d 90
(8th Cir. 1971). Although a misleading statement may provide a
“clue” to omitted gross income, it does not adequately apprise
the Commissioner of the nature and amount of an item. Phinney v.
Chambers, 392 F.2d 680, 685 (5th Cir. 1968); Estate of Fry v.
Commissioner, supra.
When taxpayers’ individual returns contain references to
other documents or returns, those references provide a clue or
serve as notice to the Commissioner. Reuter v. Commissioner,
T.C. Memo. 1985-607. Specifically, when a return includes a
reference to a partnership return, “partnership returns are
considered together with individual returns to determine the
amount omitted from gross income.” White v. Commissioner, 991
F.2d 657, 661 (10th Cir. 1993), affg. T.C. Memo. 1991-552; see
also Hoffman v. Commissioner, supra at 147. Similarly, when
taxpayers’ returns include a reference to an S corporation, “the
corporate information return on Form 1120-S must be considered
along with taxpayers’ individual returns in resolving the issue
of adequate disclosure.” Benderoff v. United States, supra at
135; see also Roschuni v. Commissioner, supra.
In section 6501(e)(1)(A), the word “return” does not include
amended returns. See Houston v. Commissioner, 38 T.C. 486, 489
(1962); Goldring v. Commissioner, 20 T.C. 79, 81 (1953)
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