Woody F. Lemons - Page 1

                                 T.C. Memo. 1997-404                                  


                               UNITED STATES TAX COURT                                


                           WOODY F. LEMONS, Petitioner v.                             
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      
                           PAULA S. LEMONS, Petitioner v.                             
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


             Docket Nos. 16562-90, 16799-90.   Filed September 11, 1997.              


                  John D. Copeland and S. Cameron Graber, for                         
             petitioners.                                                             
                  Henry C. Griego, for respondent.                                    


                       MEMORANDUM FINDINGS OF FACT AND OPINION                        
                  WHALEN, Judge:  Respondent determined deficiencies in,              
             and additions to, the Federal income tax of each petitioner              
             as follows:                                                              






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