Evulukwu v. Comm'r of Internal Revenue

Full title: Collins Nnamdi Evulukwu Petitioner v. Commissioner of Internal Revenue…

Court: United States Tax Court

Date published: Dec 22, 2021

No. 1980-21S (U.S.T.C. Dec. 22, 2021)

Opinion

1980-21S

12-22-2021

Collins Nnamdi Evulukwu Petitioner v. Commissioner of Internal Revenue Respondent

Peter J. Panuthos, Special Trial Judge.

ORDER AND DECISION

Peter J. Panuthos, Special Trial Judge.

For cause, it is

ORDERED that the proposed stipulated decision, filed December 17, 2021, is recharacterized and treated as a stipulation of settlement. To give effect to the agreement between the parties reflected in that document, it is

ORDERED and DECIDED that there is a deficiency in income tax due from petitioner for the taxable year 2017 in the amount of $8,505.00, which amount was paid after the mailing of the notice of deficiency, and that there is an overpayment in income tax due to petitioner for the taxable year 2017 in the amount of $3,312.51, which amount was paid after the mailing of the notice of deficiency; and

That there is no penalty due from petitioner for the taxable year 2017 under the provisions of I.R.C. section 6662(a).