Salvador A. and Kathleen M. Gaudiano - Page 1

                                 T.C. Memo. 1998-408                                  


                               UNITED STATES TAX COURT                                


            SALVADOR A. AND KATHLEEN M. GAUDIANO, ET AL.,1 Petitioners v.             
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket Nos. 25712-96, 25713-96,     Filed November 13, 1998.           
                         25714-96, 25716-96.                                          


               William C. Myers, Jr., for petitioners.                                
               Rebecca Dance Harris, for respondent.                                  


                       MEMORANDUM FINDINGS OF FACT AND OPINION                        

               VASQUEZ, Judge:  Respondent determined the following                   
          deficiencies in petitioners' 1993 Federal income taxes:                     
                    Petitioner                    Deficiency                          

               1 Cases of the following petitioners are consolidated                  
          herewith:  Gary D. Asher, docket No. 25713-96; Larry A. Asher,              
          docket No. 25714-96; and Randy C. and Kathleen R. Edgemon, docket           
          No. 25716-96.                                                               



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