David E. Christensen - Page 12

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          understatement, is liable for the section 6662 penalty for 1998,            
          1999, 2000, and 2001.                                                       
               The Court, in reaching its holding, has considered all                 
          arguments made and concludes that any arguments not mentioned               
          above are moot, irrelevant, or without merit.                               
               To reflect the foregoing,                                              
                                             Decisions will be entered                
                                        under Rule 155.                               
































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