William Kale - Page 1

                                                       T.C. Memo. 1996-196                                                                    


                                                   UNITED STATES TAX COURT                                                                    


                                                WILLIAM KALE, Petitioner v.                                                                   
                                  COMMISSIONER OF INTERNAL REVENUE, Respondent                                                                


                         Docket No. 20516-92.          Filed April 23, 1996.                                                                  


                         David L. Segal and Jeffry H. Homel, for petitioner.                                                                  
                         Keith Gorman and Doug Fendrick, for respondent.                                                                      


                                      MEMORANDUM FINDINGS OF FACT AND OPINION                                                                 

                         PARR, Judge: Respondent determined deficiencies in, and                                                              
                additions to, petitioner’s Federal income tax as follows:                                                                     
                                                  Additions to Tax                                                                            
                                                          Sec.             Sec.                     Sec.                                      
                Year             Deficiency               6653(b)          6653(b)(1)               6653(b)(2)                                
                1980             $48,603                  $24,302          -                        -                                         
                1982             1,114                    -                $557                           1                                   
                1983             1,092                    -                546                            1                                   
                1  50 percent of the interest due on the underpayment attributable                                                            
                to fraud.                                                                                                                     



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