Ara Eresian and Evelyn Eresian - Page 3

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               4.  How much are petitioners entitled to deduct as Schedule            
          A itemized deductions for 1988 and 1989?  The following amounts             
          are in contention:                                                          
               Category                      1988      1989                           
               Mortgage Interest............ $2,046    $2,364                         
               Personal Interest............    776    334                            
               Charitable Contributions.....  7,763     6,493                         
               Legal Expenses...............  5,897  5,045                            
               Total                         16,482    14,2351                        

               5.  Did petitioners receive $5,409 in Social Security                  
          benefits during 1988, of which $2,705 should have been included             
          in gross income under section 86(a)(1)?                                     
               6.  Are petitioners liable for the addition to tax for late            
          filing under section 6651(a)(1) for 1988?                                   
               7.  Are petitioners liable for the addition to tax for                 
          substantial understatement of income tax liability under section            
          6661 for 1988?                                                              
               8.  Are petitioners liable for the addition to tax for                 
          negligence under section 6653(a)(1) for 1988 and for the                    
          negligence penalty under section 6662 for 1989?                             
               Some of the facts have been stipulated and are found                   
          accordingly.  The stipulation of facts and attached exhibits are            
          incorporated herein by this reference.                                      


          1         This number comes from respondent's Notice of                     
          Deficiency.  There is a $1 addition error.                                  




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