Opinion
26693-22
04-17-2024
ROBERT H. FOWLER, JR. & DANA L. FOWLER, Petitioners v. COMMISSIONER OF INTERNAL REVENUE, Respondent
ORDER AND DECISION
Patrick J. Urda Judge
On April 12, 2024, the parties filed a proposed stipulated decision. It appears that the caption on the proposed stipulated decision contains an error. The Court is therefore unable to process the joint proposed stipulated decision document. In view of the foregoing, and to give effect to the agreement of the parties in this case, it is hereby
ORDERED that the joint proposed stipulated decision is recharacterized as the parties' settlement stipulation. It is further
ORDERED and DECIDED that there is a deficiency in income tax due from the petitioners for the taxable year 2020 in the amount of $2,675.00; and
That there is no penalty due from the petitioners for the taxable year 2020, under the provisions of I.R.C. § 6662(a).