Curtis and Marie Bennett - Page 1
















                                 T.C. Memo. 2002-83                                   


                               UNITED STATES TAX COURT                                


                  CURTIS BENNETT AND MARIE BENNETT, Petitioners v.                    
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      
               GERHARD W. SCHMITZ AND BETTY J. SCHMITZ, Petitioners v.                
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket Nos. 574-00, 604-00.        Filed March 29, 2002.               


               Paul J. Peter, for petitioners.                                        
               J. Anthony Hoefer, for respondent.                                     


                                 MEMORANDUM OPINION                                   

               SWIFT, Judge:  These cases were consolidated for trial,                
          briefs, and opinion.  Respondent determined deficiencies in                 
          petitioners’ Federal income taxes as follows:                               








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