Thomas N. Coccia - Page 3

                                        - 2 -                                         
               Respondent determined a deficiency in and additions to                 
          petitioner's Federal income tax for taxable year 2000 as follows:           
                            Additions to Tax1                                         
          Year  Deficiency  Sec. 6651(a)(1)  Sec. 6651(a)(2)  Sec. 6654(a)            
          2000   $16,583      $1,416              $629           $277                 
               1Figures are rounded to the nearest dollar.                            
               After concessions,1 the issues for decision are whether                
          petitioner is:  (1) Required to report wages he received; (2)               
          required to report gambling winnings he received; (3) required to           
          report interest he received; (4) required to report self-                   
          employment income he received; (5) entitled to deduct certain               
          trade or business expenses on Schedule C, Profit or Loss From               
          Business; and (6) liable for self-employment tax pursuant to                
          section 1401.                                                               
               Some of the facts have been stipulated and are so found.               
          The stipulation of facts and the exhibits received into evidence            
          are incorporated herein by reference.  At the time the petition             
          in this case was filed, petitioner resided in Philadelphia,                 

               1Respondent concedes that petitioner is not liable for the             
          addition to tax for failure to pay tax under sec. 6651(a)(2).               
          Petitioner concedes that any deficiency redetermined by the Court           
          is subject to the addition to tax under sec. 6651(a)(1) for                 
          failure to file a tax return timely and the addition to tax                 
          under sec. 6654(a) for failure to pay estimated taxes.                      

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