T.C. Memo. 2006-16                                   
                               UNITED STATES TAX COURT                                
           HOWARD J. KAPLAN AND BRENDA L. KAPLAN, ET AL.,1 Petitioners v.             
                    COMMISSIONER OF INTERNAL REVENUE, Respondent                      
               Docket Nos. 20716-03, 20717-03,     Filed February 2, 2006.            
                           20718-03.                                                  
               Thomas F. Foster, Robert A. Brinson, and Christopher C.                
          Finan, for petitioners.                                                     
               James R. Rich, for respondent.                                         
                       MEMORANDUM FINDINGS OF FACT AND OPINION                        
               CHIECHI, Judge:  Respondent determined for the taxable year            
               1Cases of the following petitioners are consolidated here-             
          with:  Matthew B. Marceron and Sherry R. Marceron, docket No.               
          20717-03, and Dean A. Caldwell and Cathy M. Caldwell, docket No.            
          20718-03.                                                                   
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