Opinion
13233-21
10-24-2022
BRADLEY G. BROWN & SHELLEY B. BROWN, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER
Courtney D. Jones Judge
On September 12, 2022, respondent filed a Status Report and advised that a basis for settlement has been reached. By Order dated September 14, 2022, this case was stricken from trial at the session of the Court scheduled to commence on October 3, 2022, in Los Angeles, California. We directed the parties to file a proposed stipulated decision by October 13, 2022.
On October 13, 2022, the parties filed a Status Report. The report indicates that counsel identified misclassifications of short and long-term capital gains in the computations used to draft the decision documents. Accordingly, the parties request an additional 30 days to properly identify which calculations need to be changed to appropriately be characterized as short versus long-term gains.
Upon due consideration, it is
ORDERED that, on or before November 18, 2022, the parties shall file a proposed stipulated decision.