T.C. Memo. 1997-444                                  
                               UNITED STATES TAX COURT                                
                           SOOREN HOVHANNISSIAN AND ESTATE                            
                       OF MARY HOVHANNISSIAN, DECEASED, SOOREN                        
                       HOVHANNISSIAN, EXECUTOR, Petitioners v.                        
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      
               Docket No. 6556-95.                Filed September 29, 1997.           
               Stephen G. Utz and Ann McClure, for petitioners.                       
               Elise F. Alair and Bradford A. Johnson, for respondent.                
                       MEMORANDUM FINDINGS OF FACT AND OPINION                        
               BEGHE, Judge:  Respondent determined the following                     
          deficiencies, addition to tax, and penalties:                               
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