Eric Wynn - Page 1

                                 T.C. Memo. 1995-609                                  


                               UNITED STATES TAX COURT                                


                              ERIC WYNN, Petitioner v.                                
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket No. 16914-91.          Filed December 27, 1995.                 


               Eric Wynn, pro se.                                                     
               Frank A. Racaniello and William F. Halley, for respondent.             


                       MEMORANDUM FINDINGS OF FACT AND OPINION                        

               BEGHE, Judge:  Respondent determined the following                     
          deficiencies in and additions to petitioner's Federal income tax:           











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