Opinion
2774-22
04-13-2022
AMANDA CRAIGO & CALVIN CRAIGO, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Maurice B. Foley Chief Judge
On April 8, 2022, the parties filed a revised Proposed Stipulated Decision. However, the Court notes that the docket number listed on page two of the proposed decision document is incorrect. Consequently, the Court is unable to process the parties' revised Proposed Stipulated Decision.
In view of the foregoing, and to give effect to the agreement of the parties in this case, it is
ORDERED that the parties' Proposed Stipulated Decision, filed April 8, 2022, is recharacterized as the parties' Settlement Stipulation. It is further
ORDERED and DECIDED that there is a deficiency in income tax due from petitioners for the taxable year 2019 in the amount of $16, 015.00; and
That there is no penalty due from petitioners for the taxable year 2019 under the provisions of I.R.C. section 6662(a).