Karl Meyer and Vickie Meyer - Page 4




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          assigned geographical territory in Texas for the purpose of                 
          demonstrating and selling Xomed’s products.                                 
               Mr. Meyer is compensated by Xomed on a straight commission             
          basis, and he is precluded by his employer from participating in            
          other for-profit sales activities.  His compensation for 1994               
          through 1999 was $80,114, $83,403, $116,186, $97,329, $140,008,             
          and $149,610, respectively.                                                 
               B.  Petitioner Wife                                                    
               Petitioner wife (Mrs. Meyer) is a homemaker and mother of              
          three children: Alexandra, born in July 1989; Jeffrey, born in              
          August 1993; and Andrea, born in March 1995.                                
               In 1985, Mrs. Meyer filed an assumed name certificate with             
          the Harris County (Houston, Texas) Clerk’s Office, adopting the             
          business name of Vickie Zozaya Enterprises.  However, Mrs. Meyer            
          never conducted any type of activity with respect to this                   
          enterprise.                                                                 
               In 1994, Mrs. Meyer began designing and making jewelry pins            
          and selling them at craft shows under the assumed name of                   
          Trinkets, Etc.  Less than a year thereafter, Mrs. Meyer ceased to           
          operate Trinkets, Etc. because its time-consuming nature and lack           
          of profitability did not allow Mrs. Meyer to properly care for              
          her children.  Petitioners’ income tax return for 1994 included a           
          Schedule C, Profit or Loss from Business, claiming a net loss of            
          $188 (i.e, gross income of $247 less car expenses of $435) from             






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