David White - Page 3

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          failed to respond to respondent's request for admissions.  As a             
          consequence, each matter set forth therein is deemed admitted               
          pursuant to Rule 90(c).  Alexander v. Commissioner, 926 F.2d 197,           
          198-199 (2d Cir. 1991), affg. per curiam T.C. Memo. 1990-315;               
          Marshall v. Commissioner, 85 T.C. 267, 272 (1985).                          
               Petitioner is deemed to have admitted the following facts              
          pursuant to Rule 90(c).  Petitioner did not file an income tax              
          return for 1995.  During 1995, petitioner received self-                    
          employment income in the following amounts:                                 
                             Payor                   Amount Received                 
          Lincoln Investment Planning, Inc.      $78,320                              
          General American Life Insurance Co.      1,187                              
          Willow Fork Drainage District              700                              
                                                                                     
               During 1995, petitioner received interest income from                  
          Charles Schwab and Co. and Texas Commerce Bank, N.A., in the                
          amounts of $401.38 and $18.48, respectively.  During that year,             
          petitioner received dividend income from Pioneer U.S. Government            
          Money Fund and All Saints Credit Union in the amounts of $27.36             
          and $154.79, respectively.                                                  
               During 1995, petitioner sold shares of Pioneer Gold Shares-            
          Class A at a net gain of $549.19.  During that year, petitioner             
          sold shares of Wainoco Oil at a net gain of $248.79.                        
               Petitioner did not have reasonable cause for not filing his            
          1995 return.  Petitioner is liable for the addition to tax                  
          pursuant to section 6651(a)(1) for the taxable year 1995.                   





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