General K. Hilliard and Ida M. Hilliard - Page 1

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                                                       T.C. Memo. 1995-473                                                                    


                                                   UNITED STATES TAX COURT                                                                    


                         GENERAL K. HILLIARD AND IDA M. HILLIARD, Petitioners v.                                                              
                                  COMMISSIONER OF INTERNAL REVENUE, Respondent                                                                


                         Docket No. 4929-93.                                       Filed October 3, 1995.                                     


                         Jeffrey A. Berchenko, for petitioners.                                                                               
                         James P. Thurston and Bryce A. Kranzthor, for respondent.                                                            


                                                       MEMORANDUM OPINION                                                                     
                         GERBER, Judge:  Respondent determined deficiencies in                                                                
                petitioners' Federal income tax and additions to tax for the                                                                  
                taxable years 1986, 1987, and 1988 as follows:                                                                                
                                                Additions to Tax                                                                              
                                                Sec.              Sec.                    Sec.      Sec.                                      
                Year        Deficiency 6653(a)(1) 6653(a)(1)(A) 6653(a)(1)(B)  6661                                                           
                1986   $38,390                  --         $1,920                                  1        $9,598                            
                1987        37,345              --                1,867                            1        9,336                             
                1988        8,097               $405              --                      --     2,024                                        
                         1 50 percent of the interest with respect to the portions of                                                         
                the underpayments which are attributable to negligence.