Opinion
1297-21S
06-28-2022
ERIC J. LIVINGSTON & MARGARET A. KOBEL LIVINGSTON, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Lewis R. Carluzzo Chief Special Trial Judge
This case for the redetermination of a deficiency is before the Court on an oral joint motion for entry of decision, made June 27, 2022, when the case was recalled from the calendar for trial during the Chicago, Illinois, trial session that began on that date. Giving due regard to the representations made by the parties in support of the oral motion, and for cause set forth more fully in the transcript of the proceedings, it is
ORDERED that the oral joint motion is granted. It is further
ORDERED and DECIDED that for 2017, there is a $6,708 deficiency in petitioners' Federal income tax, and that petitioners are not liable for an I.R.C. section 6662(a) penalty.