-3-
3. Whether petitioner is liable for the accuracy-related
penalty for negligence under section 6662(c) for 1990 and 1991.
We hold that she is not.2
I. FINDINGS OF FACT
Some of the facts have been stipulated and are so found.
A. Petitioner
Petitioner has lived in Irvington, Kentucky, since 1941
(including when she filed her petition), and on a farm since
1969.
Petitioner graduated from the University of Kentucky with a
degree in accounting. Petitioner was a Kentucky State
representative from 1976 to the beginning of 1984. She was
Kentucky State auditor from 1984 to January 1988. Petitioner ran
for the Kentucky State Senate in 1992 but lost in the general
election. Petitioner is on the boards of directors of a family
owned telephone company, a bank holding company, and two banks.
Petitioner and her brother own a controlling interest in the
Brandenburg Telephone and First State Bank in Brandenburg,
Kentucky.
Petitioner's friend, Brucie Beard (Ms. Beard), also lives in
petitioner's home.
2 In light of our holding on the tax issues, petitioner's
motion for relief is moot insofar as it requests that we shift
the burden of proof, grant summary judgment, or suppress
evidence.
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