- 22 - During 2004, petitioner received $12,906 as an employee of RIG, Inc., as well as $1,274 in unemployment compensation. On January 6, 2006, petitioner filed late a Federal return for her taxable year 2004 (2004 return) that showed a $2 refund due. On January 6, 2006, petitioner submitted to respondent Form 433-A, Collection Information Statement for Wage Earners and Self-Employed Individuals (Form 433-A). That form contained several sections identified as section 1 through 9. In section 2 of Form 433-A that petitioner submitted to respondent (peti- tioner’s Form 433-A), petitioner did not respond to a question relating to whether she or Mr. Beatty was self-employed or operated a business, although she indicated in section 3 of that form that she was unemployed. In section 3 of petitioner’s Form 433-A, petitioner did not indicate whether Mr. Beatty was em- ployed. In section 5 of petitioner’s Form 433-A, petitioner indi- cated that she (1) maintained a checking account with a $200 account balance, (2) had $50 cash on hand, (3) had a credit card balance of $400, (4) owed $4,700 with respect to an equity line of credit, and (5) had $400 of credit available to her. In sections 5 and 6 of petitioner’s Form 433-A, petitioner provided the responses indicated to the following questions: 16. LIFE INSURANCE. Do you have life insurance with a cash value? : No 9 Yes * * * * * * *Page: Previous 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 NextLast modified: November 10, 2007