Robert Cotton, Jr. - Page 1
















                                 T.C. Memo. 2000-333                                  


                               UNITED STATES TAX COURT                                


                          ROBERT COTTON, JR., Petitioner v.                           
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      
                           SHARON C. COTTON, Petitioner v.                            
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket Nos. 6701-99, 7005-99.        Filed October 30, 2000.           

               Robert Cotton, Jr., and Sharon C. Cotton, pro se.                      
               Michele A. Yates, for respondent.                                      


                       MEMORANDUM FINDINGS OF FACT AND OPINION                        

               PANUTHOS, Chief Special Trial Judge: Respondent determined             
          deficiencies in petitioners’ Federal income taxes and accuracy-             
          related penalties as follows:                                               









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