Paul Mifsud and Maria G. Mifsud - Page 37

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          petitioners are liable for the fraud penalty under section 6663             
          for 1992, 1993, and 1994 on the underpayment attributable to                
          (1) petitioners' unreported income that we have found for each of           
          those years and (2) the $2,600 of unreported income for each of             
          those years to which the parties agreed at trial.10  See sec.               
          6663(a) and (b).                                                            
               To reflect the foregoing and the concessions of the parties,           
                                                  Decision will be entered            
                                             under Rule 155.                          

               10  See supra note 2.                                                  

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