Lawrence R. Roberson - Page 1

                                 T.C. Memo. 1996-335                                  


                               UNITED STATES TAX COURT                                


                         LAWRENCE R. ROBERSON, Petitioner v.                          
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket No. 1595-89.                     Filed July 24, 1996.           


               Joseph Falcone, for petitioner.                                        
               Timothy S. Murphy, for respondent.                                     


                       MEMORANDUM FINDINGS OF FACT AND OPINION                        
               VASQUEZ, Judge:  Respondent determined deficiencies in                 
          petitioner's Federal income taxes and additions to tax as                   
          follows:                                                                    










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