Philip H. and Anna Friedman - Page 1

                                         T.C. Memo. 1995-576                                               


                                       UNITED STATES TAX COURT                                             


                          PHILIP H. AND ANNA FRIEDMAN, Petitioners v.                                      
                         COMMISSIONER OF INTERNAL REVENUE, Respondent1                                     


                  Docket No. 7359-90.        Filed December 4, 1995.                                       


                  Jay J. Freireich, Harvey R. Poe, and Gerald S. Rotunda, for                              
            petitioners.                                                                                   
                  Susan G. Lewis, Albert G. Kobylarz, and Guy G. Lavignera,                                
            for respondent.                                                                                

                    SUPPLEMENTAL MEMORANDUM FINDINGS OF FACT AND OPINION                                   

                  GERBER, Judge:  This case has been the subject of three                                  
            prior opinions of this Court,2 the last of which held that Anna                                


                  1 This opinion supplements a previously released opinion:                                
            Friedman v. Commissioner, T.C. Memo. 1993-549.                                                 
                  2 Friedman v. Commissioner, 97 T.C. 606 (1991), concerning                               
                                                                            (continued...)                 



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