Reginald James Smith - Page 10




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          report the settlement proceeds as income and that he acted in               
          good faith.  See sec. 6664(c).  Accordingly, he is not liable for           
          the accuracy-related penalty under section 6662(a).                         
               To reflect the foregoing,                                              

                                                  Decision will be entered            
                                             under Rule 155.                          
                                                                                     


































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Last modified: November 10, 2007