John J. Burke and Vivian Burke - Page 1

                                 T.C. Memo. 1995-608                                  


                               UNITED STATES TAX COURT                                


                   JOHN J. BURKE AND VIVIAN BURKE, Petitioners v.                     
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket No. 18772-93.            Filed December 26, 1995.               

               Michael N. Balsamo, for petitioner John J. Burke.                      
               Vincent R. Barrella, for petitioner Vivian Burke.                      
               Catherine Chastanet and Mark A. Ericson, for respondent.               


                       MEMORANDUM FINDINGS OF FACT AND OPINION                        

               RUWE, Judge:  Respondent determined deficiencies in                    
          petitioners' Federal income taxes and additions to tax as                   
          follows:                                                                    
                       Additions to Tax                                               
          Year  Deficiency    Sec. 6653(b)(1)  Sec. 6653(b)(2)   Sec. 6661            
          1985   $38,140         $36,201       50 percent of      $5,847              
          the interest due                                                            
          on $23,388                                                                  




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