Donald G. and Beverly J. Oren - Page 1
















                                 T.C. Memo. 2002-172                                  


                               UNITED STATES TAX COURT                                


                 DONALD G. OREN AND BEVERLY J. OREN, Petitioners v.                   
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      


               Docket No. 2681-00.                Filed July 19, 2002.                


               Myron L. Frans, for petitioners.                                       
               John C. Schmittdiel, for respondent.                                   


                       MEMORANDUM FINDINGS OF FACT AND OPINION                        

               RUWE, Judge:  Respondent determined the following                      
          deficiencies with respect to petitioners’ Federal income taxes:             
                         Year                Amount                                   
                         1993           $1,375,232                                    
                         1994           2,138,632                                     
                         1995           1,777,271                                     







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