Opinion
5245-21
03-23-2022
Patricia Adeola Adegbenle Petitioner v. Commissioner of Internal Revenue Respondent
ORDER AND DECISION
Maurice B. Foley Chief Judge.
For cause, it is
ORDERED that the parties' proposed stipulated decision, filed February 3, 2022, is recharacterized as a stipulation of settlement. In order to give effect to the basis of settlement reflected in that document, it is further
ORDERED and DECIDED that there is no deficiency in income tax due from, and no overpayment due to, petitioner for the taxable year 2018 tax year; and
That there is no penalty due from petitioners for the taxable year 2018 under the provisions of I.R.C. section 6662(a).