T.C. Memo. 1998-215                                  
                               UNITED STATES TAX COURT                                
                    RONALD I. AND LOIS B. KOENIG, Petitioners v.                      
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      
               Docket No. 1468-96.                     Filed June 17, 1998.           
               Patrick Derdenger, for petitioners.                                    
               John W. Duncan, for respondent.                                        
                                 MEMORANDUM OPINION                                   
               PARR, Judge:  Respondent determined deficiencies in,                   
          additions to, and penalties on petitioners' Federal income taxes            
          as follows:                                                                 
                                        Additions to Tax     Penalties                
               Year      Deficiency      Sec. 6651(a)(1)    Sec. 6662(a)              
               1990      $167,792       $4,160              $33,558                   
               1991      16,536         1,445               3,307                     
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