John W. Madden, Jr., et al. - Page 3

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          Docket No. 6698-93.  Plaza Developers Holdings, LLC, A Colorado             
          Limited Liability Company:                                                  
          Year   Deficiency   First Tier Deficiency   Second Tier Deficiency          
          Secs.         Secs. 4941(a)(1)           Sec. 4941                          
          511-513       and (2), 4945(a)(2)       (b)(1) and (2)                      
          1983      --                  $80                 --                        
          1984      --             184                      --                        
          1985      --             372                      --                        
          1986      --             746                      --                        
          1987      --             1,631                    --                        
          1988      --             3,961                    --                        
          1989      --             5,014                    --                        
          1990      --             5,014                    --                        
          1991      --             5,014                    --                        
          1992      --             5,014                    $200,568                  
          Docket No. 6699-93.  Marjorie P. Madden:                                    
          Year   Deficiency   First Tier Deficiency   Second Tier Deficiency          
          Secs.         Secs. 4941(a)(1)           Sec. 4941                          
          511-513       and (2), 4945(a)(2)       (b)(1) and (2)                      
          1983      --                  $40                 --                        
          1984      --             2,192                    --                        
          1985      --             3,404                    --                        
          1986      --             4,397                    --                        
          1987      --             4,840                    --                        
          1988      --             6,005                    --                        
          1989      --             6,531                    --                        
          1990      --             6,531                    --                        
          1991      --             6,531                    --                        
          1992      --             6,531                    $159,179                  
               All section references are to the Internal Revenue Code in             
          effect for the taxable years in issue, and all Rule references              
          are to the Tax Court Rules of Practice and Procedure, unless                
          otherwise indicated.                                                        
               The parties have made numerous concessions, including                  
          respondent's concession of the second tier deficiencies                     
          originally determined with respect to petitioner John W. Madden,            





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