Bruno and Francesca Tabbi - Page 12

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          Canta                 other                    2,488.30                     
          unknown               commissions             14,621.84                     
               Petitioner husband had real estate commissions of $91,752,             
          refunds of $404, and other income of $7,180 in 1988.  Petitioners           
          reported income of $15,480 from petitioner husband's real estate            
          activities for 1988.                                                        
               d.   1989                                                              
               Petitioner husband deposited his real estate commissions in            
          the bank accounts of Canta, Premiere, and Homeowners.  He                   
          routinely transferred funds between the Canta and Premiere                  
          corporate accounts and the Canta and Homeowners noncorporate                
          accounts in 1989.  Petitioner husband routinely used funds from             
          the Canta and Premiere corporate accounts to pay petitioners'               
          personal living expenses.                                                   
               Petitioner husband deposited $23,425 of Soldi's commission             
          checks from various title companies in accounts which he                    
          controlled.  Soldi had not recorded those payments on its books.            
               Petitioner husband deposited the following amounts in 1989:            
          Account            Type of Income             Amount                        
          Canta               commissions            $30,285.624                      
          Canta               other                      150.00                       
          Premiere            commissions             25,989.495                      




               4 This includes $12,508 of Soldi's funds petitioner husband            
          deposited in Canta's Manufacturers account.                                 
               5 This includes $3,929.49 of Soldi's funds petitioner                  
          husband deposited in the Premiere account.                                  




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